Mexico City. The deterioration of the perception of the expected economic situation for Mexico, as well as of employment for the next 12 months, slowed down the level of confidence of Mexican consumers, which will be reflected in their pockets, revealed data from the National Institute of Statistics and Geography. (Inegi). Mexican sentiment, measured through … Read more
Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Market Update A blowout earnings report from AI darling Nvidia (NVDA) sent stocks to record highs last week. The S&P 500 (^GSPC) and Dow Jones (^DJI) ended the week up about 1% while … Read more
Top Stories from the Financial Market Stock Market Today: Dow, S&P Live Updates for Feb. 19, 2024 Around the world, investors are closely monitoring the latest movements in the stock market. The Dow Jones and S&P 500 indexes continue to be in the spotlight, attracting both cautious and optimistic investors. As we explore the happenings … Read more
US Inflation Expected to Continue Slowing, Paving the Way for Potential Rate Cuts US Inflation Expected to Continue Slowing, Paving the Way for Potential Rate Cuts Bloomberg – The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts … Read more
Hottest Reading on Labor Market Spurs Slide in Bonds Hottest Reading on Labor Market Spurs Slide in Bonds Unexpected Increase in Job Openings Raises Concerns Just a day before the Federal Reserve decision, a hotter-than-estimated reading on the labor market spurred a slide in bonds, with traders dialing back their projections for interest-rate cuts. Treasury … Read more
A preliminary survey released by the University of Michigan on Friday (11th) showed that long-term inflation expectations in November rose to a new high since 2011, while consumers are increasingly worried about high borrowing costs and the economic outlook. The initial value of the consumer confidence index was higher than 10 The month-end value fell … Read more