Technician Jonathan Krinsky of MKM partners explains why the laggards turning into leaders is a bad sign for markets.» Read More
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U.S. consumers were a little more optimistic about the economy in September, according to a report released Tuesday.
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WASHINGTON, Sept 11- U.S. consumer sentiment hit its lowest in a year in early September and producer prices were flat in August, signaling moderate economic growth and tame inflation that could weigh on the Federal Reserve's decision whether to hike interest rates next week. Sentiment was likely undermined by recent stock market volatility amid worries over...
Sept 11- U.S. stock index futures were lower on Friday as jittery investors await a decision on rate hike by the U.S. *Stocks have been volatile for the past few weeks since China devalued its currency in August and the impact of a slowdown in the region on global growth rattled investors. *The University of Michigan will release its consumer sentiment index at 10 a.m....
While all eyes watch to see if the Fed will hike rates next week, Deutsche Bank economist Joe LaVorgna explains why he believes Janet Yellen could push the decision to October.
Blue jeans, Baby!
Wells Fargo technician Gina Martin Adams details the similarities between today’s market environment and that of the late 1990s.
Technician Jonathan Krinsky of MKM Partners explains why moves in the dollar and the yen could be important signals for stocks.
Top technician Louise Yamada sees some troubling signs in the chart of the S&P 500, says the six-year market advance is now over.
*Consumer spending rises 0.3 percent in July. WASHINGTON, Aug 28- U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve interest rate hike this year. The Commerce Department said consumer spending, which accounts for more than...
U.S. consumer sentiment came in lower in August, missing expectations, according to a report released on Friday.