US PCE Price Index
Stocks Rebound in August as Economic Fears Ease; Gold Falls Amid Strong Dollar and China Concerns | Daily Market Analysis
Key events: USA - Labor Day Eurozone - HCOB Eurozone Manufacturing PMI (Aug) UK - S&P Global/CIPS UK Manufacturing PMI (Aug) The S&P 500 ended higher on Friday, wrapping up August with its fourth consecutive monthly gain, as fading economic concerns fueled a strong rebound in stocks following an earlier selloff.
Tech Rebound Stalls as Alphabet Slumps | Daily Market Analysis
Key events: USA - Core PCE Price Index (MoM) (Jun) The S&P 500 closed lower on Thursday, giving up earlier gains as a slump in Alphabet led to a halt in the tech sector's rebound. This occurred despite growing optimism that the Federal Reserve might deliver multiple rate cuts this year. The Dow Jones Industrial Average rose 81 points, or 0.20%, while the S&P 500 fell 0.5%, and the NASDAQ Composite slipped 0.9%.
Dow Jones Surges 580 Points Amid Improved Investor Optimism and Declining Inflation | Daily Market Analysis
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