US Stocks Set to Rebound as Alphabet and Microsoft Earnings Boost Confidence US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally even as a reading on the Federal Reserve’s preferred inflation gauge showed price pressures remain sticky. Stock Futures Rise, … Read more
Crucial Inflation Report: PCE Index Hits Lowest Level in Three Years The Fed’s Preferred Inflation Gauge Hits Lowest Level in Three Years Personal Consumption Expenditures Index Shows Decline The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, reported a slight decline in January, aligning with Wall Street’s expectations. Notably, this decline resulted in … 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