Straits Times Index
3,290.70 -2.23 (-0.07%) S&P 500
5,222.68 +94.89 (+1.85%) Dow
39,512.84 +837.14 (+2.16%) Nasdaq
16,340.87 +184.57 (+1.14%) Bitcoin USD
61,232.64 +332.50 (+0.55%) CMC Crypto 200
1,260.20 -52.43 (-3.97%)
Dow Jones Industrial Average (^DJI)
- Yahoo Finance
Inflation and consumer spending updates ahead: What to know this week
A crucial reading of inflation faces investors in the week ahead after a string of disappointing reports to start the year dampened investors' interest rate cut hopes.
- Yahoo Finance
Fed officials stick to Powell’s higher-for-longer script as a key inflation reading looms
Jay Powell’s colleagues spent the last week backing a stance the central bank chair hammered home at his last press conference: Interest rates will be staying higher for longer.
- Yahoo Finance Video
Rate cuts, gold, small business: Market Domination Overtime
Inflation continues to make its way through every sector, while the Dow Jones (^DJI) ends its best week since December. Leadership from the Federal Reserve spoke this week signaling rates may continue to remain high. Utilities (XLU) performed well for the week, gaining over 4%. Life360 (LIFX) CEO Chris Hulls stops by to discuss how the app has transformed, while government's annual review of the Medicare program has shown an improvement in the program's financial health. For more expert insight and the latest market action, click here
