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Kitty Has a New Chew Toy | Wall Street Today
Happy Monday, July 1st, the start of the year's second half and third quarter.
Market Falls While Indexes Climb Monday | Market Story
Indexes traded higher Monday, while overall, there were more declining equities than advancing. Just after 2:10 pm EST, the $Dow Jones Industrial Average(.DJI.US)$ cliumbed 0.10%, while the $S&P
S&P Global US Final Manufacturing PMI Revised Lower, ISM Falls
The S&P Global US manufacturing index for June was downwardly revised to 51.6 from the flash reading of 51.7, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:50 am
See Gradual Drop in Inflation, Says Schwab's Jones
Charles Schwab Chief Fixed Income Strategist Kathy Jones says she sees a gradual deceleration in inflation unless the US economy hits a 'pothole'. She says that at the moment, due to an inverted yield curve in the Treasury market, that it's difficult to extend duration -- adding that she is looking beyond USTs for duration, including to mortgage backed securities. She spoke with Manus Cranny and Dani Burger on Bloomberg Brief.
S&P 500, Nasdaq Slip From Records as Apple's Decline Offset Nvidia's Gain | Market Story
The S&P 500 slipped modestly Friday after touching a fresh intra-day record as investors assess whether the latest signs of slowing inflation could help convince the U.S. Federal Reserve to start cutting interest rates in the next few months.
S&P 500 Just Below Open Following Expected PCE Numbers, Rough Debate | Market Story
As a general recap, indexes were advancing Friday morning. The S&P 500 climbed 0.72%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.56% and the $Nasdaq Composite Index(.IXIC.US)$ climbed