Wall Street Falters Despite Drops In Fed's Favorite Inflation Rate; Energy Stocks, Yields Rise On Trump's Debate Performance: What's Driving Markets Friday?

Wall Street experienced a lackluster session during midday trading in New York, with major indices inching slightly lower despite the arrival of positive inflation data.In May 2024, the Personal Consu

BenzingaJun 28 13:31 ET

7 Stocks, 5 ETFs Move On Friday As Fed's Preferred Inflation Rate Hits 3-Year Low

Futures on U.S. equity indices inched slightly higher in Friday premarket trading after the Fed's favorite inflation gauge, the Personal Consumption Expenditure (PCE), fell to 2.6% year-on-year in May

BenzingaJun 28 09:39 ET

ETFs With the Most Bullish and Bearish Sentiment, According to Barclays

Seeking AlphaJun 27 17:15 ET

Bank Stress Tests 'Much Bigger Surprise Than Expected,' Will Delay Future Investment Plans: JPMorgan

A JPMorgan analyst has reacted to the Federal Reserve's annual stress test results for U.S. banks, which assess their resilience by estimating losses, revenues, expenses, and capital levels under vari

BenzingaJun 27 16:38 ET

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday's release of the Federal Reserve's preferred inflation gauge.In

BenzingaJun 27 13:33 ET

Bank of America Analyst Highlights Fed Stress Test Opacity, Varying Bank Impacts: 'Goldman Sachs Worst Hit, Huntington Best'

The latest Federal Reserve stress test results have highlighted "the inherent opacity" of the Fed evaluation process, according to Bank of America analyst Ebrahim H. Poonawala.The tests, which assess

BenzingaJun 27 12:44 ET