Memorial Day
US Stock Futures Edge Higher Amid Low Holiday Volumes; Key Inflation Data in Focus | Daily Market Analysis
Key events: USA - FOMC Member Bowman Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks USA - CB Consumer Confidence (May) USA - FOMC Member Daly Speaks US stock index futures saw a slight rise in evening trading on Monday, with the market's attention focused on upcoming key inflation data that could provide more insights on interest rates.
Nasdaq Reaches Record High as US Stocks Rebound Amid Improving Consumer Inflation Outlook | Daily Market Analysis
Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's Lane Speaks USA - FOMC Member Williams Speaks US stocks bounced back on Friday after sharp losses the previous day, fueled by news of an improving consumer outlook on inflation. This rally led the Nasdaq to its fifth consecutive week of gains, reaching a record closing high.
Stocks Rally on Debt Ceiling Progress and AI Optimism; Eurozone Inflation Data Awaited | Daily Market Analysis
Key events: UK – Bank Holiday USA – Memorial Day US stocks experienced significant gains on Friday, driven by positive developments in talks regarding the US debt ceiling and a surge in chip stocks fueled by optimism surrounding artificial intelligence.