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Will March Inflation Data Break Tech Rally"s Back? Why Wall Street"s "Dean Of Valuation" And Gene Munster Are Worried, But Paul Krugman And Other Economists Are Not

Economists generally predict a slight slowdown in the month-over-month inflation rate, with consumer prices and the core reading potentially rising by 0.3% in March compared to 0.4% in February. read more.....»»

Category: blogSource: benzingaApr 10th, 2024

Wall Street ekes out gains as investors shrug off Fed minutes

Tech stocks led Wall Street slightly higher on Wednesday, with investors largely shrugging off benign U.S. inflation data and unsurprising minutes from the Federal Reserve's March meeting......»»

Category: topSource: reutersApr 10th, 2019

Dow futures rally more than 800 points after Gilead coronavirus drug reportedly shows effectiveness

Stocks ended higher Thursday, led by tech, as Wall Street grappled with more concerns over the coronavirus outbreak and dismal economic data......»»

Category: topSource: moneycentralApr 17th, 2020

Asia stocks rally, oil skids as investors reassess Mideast risk

Asian shares rebounded on Tuesday as investors' reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed......»»

Category: topSource: reutersJan 7th, 2020

Warren Buffett says he bid about $5 billion for Tech Data, calling it "our kind of business"

Paul Morigi / Stringer / Getty Images Warren Buffett offered about $5 billion for Tech Data, he told the Wall Street Journal, but declined to wage a bidding war against Apollo Global.....»»

Category: topSource: businessinsiderDec 2nd, 2019

Wall Street back in rally mode

U.S. stocks surged Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong U.S. economic data eased fears of a domestic slowdown. Fred Katayama reports......»»

Category: videoSource: reutersSep 5th, 2019

What trade fears? Wall Street is back in rally mode

U.S. stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong U.S. economic data eased fears of a domestic slowdown......»»

Category: topSource: reutersSep 5th, 2019

Tech leads Wall Street higher as tariff delay sparks rally

U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally......»»

Category: topSource: reutersAug 13th, 2019

Asian shares edge up before ECB decision, euro near two-month lows

Asian shares rose but struck a more cautious note than a tech-fueled rally on Wall Street, while the euro stayed near two-month lows as soft economic data fueled hopes the European Central Bank could cut rates at its meeting on Thursday......»»

Category: topSource: reutersJul 25th, 2019

Asian shares dither ahead of ECB outcome, euro near two-month lows

Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data bolstered expectations of rate cuts in Europe......»»

Category: topSource: reutersJul 24th, 2019

Wall Street gains on tech rally, trade hopes rekindled

Technology shares led the S&P 500 and the Nasdaq higher on Wednesday after remarks by Treasury Secretary Steven Mnuchin rekindled hopes for a de-escalation of U.S.-China trade tensions and brought buyers back from the sidelines......»»

Category: topSource: reutersJun 26th, 2019

Wall Street climbs as tame inflation data supports dovish Fed

U.S. stocks rose on Monday, with the S&P 500 and the Nasdaq hitting record highs, as consumer spending rose in March and benign inflation data underscored the Federal Reserve's accommodative stance on interest rates......»»

Category: topSource: reutersApr 29th, 2019

Wall Street gains as soft inflation data supports accommodative Fed

U.S. stocks edged higher on Monday, with the S&P 500 and the Nasdaq hitting record highs, as consumer spending rose in March and a benign inflation data underscored the Federal Reserve's dovish stance on interest rates......»»

Category: topSource: reutersApr 29th, 2019

S&P, Nasdaq edge higher as Wall Street shrugs off Fed minutes

The S&P 500 and the Nasdaq inched higher on Wednesday, as investors largely shrugged off benign U.S. inflation data and unsurprising minutes from the Federal Reserve's March meeting......»»

Category: topSource: reutersApr 10th, 2019

Wall Street rises as Apple, tech shares climb

An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve's forecast of an economic slowdown were calmed by upbeat economic data......»»

Category: topSource: reutersMar 21st, 2019

Tech dominates Wall Street rally in wake of dovish Fed statement

Technology stocks surged on Thursday, leading Wall Street higher as jitters over the Federal Reserve's warning of an economic slowdown were allayed by upbeat economic data......»»

Category: topSource: reutersMar 21st, 2019

Wall Street defensive as inflation fears rise, earnings boost fades

(Reuters) - Wall Street moved to a defensive mode on Friday, shifting into safer equity sectors as economic data raised the specter of inflation and possible interest rate hikes, while technology shares pulled back after an initial surge......»»

Category: topSource: reutersApr 27th, 2018

Wall Street edgy as inflation fears rise, earnings boost fades

(Reuters) - Wall Street moved to a defensive mode on Friday, shifting into safer equity sectors as economic data raised the specter of inflation and possible interest rate hikes, while technology shares pulled back after an initial surge......»»

Category: topSource: reutersApr 27th, 2018

Apple, tech stocks lead Wall Street rally

(Reuters) - Apple and other technology stocks led a rally on Wall Street on Friday, after weaker-than-expected U.S. jobs and wage growth data eased concerns about faster interest rate hikes......»»

Category: topSource: reutersMay 4th, 2018

Apple leads Wall Street rally as inflation fears ease

NEW YORK (Reuters) - Apple and other technology stocks led a rally on Wall Street on Friday after weaker-than-expected U.S. wage growth data eased concerns about faster interest-rate hikes......»»

Category: topSource: reutersMay 4th, 2018

Wall St drops on concerns over US-China trade woes, rising inflation

(Reuters) - Wall Street indexes fell on Tuesday as investors worried about a lack of progress in U.S.-China trade talks and Treasury yields rose after U.S. retail sales data indicated rising inflation......»»

Category: topSource: reutersMay 15th, 2018