Stocks sink as whiff of stagflation spooks investors
U.S. stocks were sinking fast on Friday, with the S&P 500 down 1.5% in recent trade. Wall Street professionals largely laid the blame on Friday's PCE data for February. Brian Mulberry, client ...
Dow heads for worst day in nearly 3 weeks
A brutal quarter for stocks was getting much worse on Friday, with the blue-chip Dow Jones Industrial Average headed for its worst day since March 10, according to FactSet data. "I think right now the ...
Investors are slightly more upbeat on stocks this week, sentiment survey shows
The latest reading from the American Association for Individual Investors' weekly sentiment survey is out. It showed that ...
U.S. stocks stumble as international equities rise
Betting on U.S. stocks this year has been tough on investors. Concerns over President Trump's tariffs, a rout in the tech ...
Consumer spending rebounds - but for how long?
Americans increased spending in February, but they've shown more caution early in the new year as they digest a series of major changes in Washington under the Trump administration. Consumer spending ...
Detroit carmakers' stocks still lead Tesla's this year
Shares of the Big Three U.S. automakers were lower Thursday after President Donald Trump said he would soon place 25% tariffs ...
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Thinking about selling your stocks? Here's something to keep in mind.
U.S. stocks were on track to eke out another weekly gain as of Thursday's close. But the volatility that has recently gripped markets has shown no signs of abating. Markets didn't take kindly to Presi ...
Coming up: PCE prices. Don't expect slower inflation.
The Federal Reserve is unlikely to get any good news on inflation when its preferred PCE price index comes out later this morning. But inflation isn’t really getting any worse. The PCE index is ...
Tariff-news reactions have led to more equity damage, weaker dollar, falling yields: Goldman Sachs
Market participants' focus on next Wednesday's expected announcement of more proposed U.S. tariffs has increased sharply, leading to more complicated potential market reactions, according to a note ...
Americans add to their rainy-day funds. Are they expecting a storm?
The U.S. savings rate rose in February for the second straight month, suggesting that Americans are rebuilding their rainy-day funds after the holiday shopping season. The savings rate rose to 4.6% ...
PCE inflation report shows personal spending was ‘too cold’ in February
U.S. inflation was “too hot” in the latest personal-consumption-expenditures report, which also showed spending was “too cold,” according to Stephen Brown, deputy chief North America economist at ...
Winnebago lowers guidance, as customers may put off RV purchases
Winnebago cited “stubborn interest rates” and “inconsistent consumer sentiment” as some of the challenges the company is ...