US stocks were in the green on Thursday, with the S&P 500 adding 0.3% to hit new highs, while the Nasdaq was up 0.3% and the Dow Jones rose almost 200 points as investors digested the latest US CPI report.
The data came largely in line with expectations, showing annual inflation accelerating to 2.9% while core inflation held steady at 3.1%. However, headline CPI rose 0.4% on the month, above forecasts of 0.3%. The report did little to shift market expectations for a Fed rate cut next week, with investors nearly fully pricing in three cuts by year-end.
Meanwhile, initial jobless claims jumped to a near four-year high, reinforcing signs of a cooling labor market. The health sector was the top performer while energy and communication services were in the red. Megacaps were mixed, with Nvidia (0.4%), Apple (0.5%), Amazon (0.1%) and Tesla (0.6%) gaining while Microsoft (-0.2%), Meta (-0.2%), Broadcom (-1.2%) and Alphabet (-0.6%) booked losses.
Source : Trading Economics
European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by around -0.3% to 576 points, while the STOXX 50 also corre...
Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the artificial intelligence (AI) trend can continue to drive ...
European stocks closed slightly lower on Tuesday after reaching record peaks on the previous session on mixed earnings results, while markets continued to assess the outlook on global trade and Europe...
Wall Street's main indexes opened at record highs on Tuesday after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple (AAPL.O), opens new tab topped $4 trillion in market value ...
The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600 earlier this week, markets are expected to move slightly ...
The US dollar moved steadily, tending to strengthen slightly on Wednesday, October 29, 2025, after briefly touching its weakest level in about a week. The dollar index (DXY), which measures the greenback's strength against six major currencies, was...
The United States (US) Federal Reserve (Fed) will announce its interest rate decision and publish the Monetary Policy Statement following the October policy meeting on Wednesday. Market participants widely anticipate the US central bank to cut the...
Silver (XAG/USD) strengthened on Wednesday (October 29th), rising 2.50% for the day and trading around $48.25 per ounce at the time of writing. The gray metal benefited from renewed interest in safe-haven assets as investors remained cautious ahead...
Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the...
The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600...
European stocks continued to strengthen on Monday, October 27, 2025, as markets grew more confident after the US and China announced they had a...
Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the...