🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

financialnews

Founder And CEO Of F... • 9m

Wall Street Update: US Stock Indices Trade Mixed Amid Fresh PCE Inflation Data Wall Street Update: Dow Rises, S&P 500 and Nasdaq Slip Amid PCE Inflation Data **US Stocks Mixed as Investors Digest PCE Inflation Data** US stock indices were mixed on Wednesday as investors evaluated the latest Personal Consumption Expenditure (PCE) inflation report. The PCE, a key inflation gauge monitored by the Federal Reserve, showed a 2.3% rise year-over-year in October and a 0.2% increase month-over-month, indicating persistent but moderate inflation pressures. At 10:03 a.m. ET, the Dow Jones Industrial Average gained 47.83 points, or 0.11%, to 44,908.14. Meanwhile, the S&P 500 slipped 8.68 points, or 0.14%, to 6,012.95, and the Nasdaq Composite dropped 87.31 points, or 0.46%, to 19,088.26. **Economic Growth and Corporate Earnings Update** The US economy grew at a 2.8% annual rate in the third quarter, driven by strong consumer spending and .... if you want to know more click 👇 below the link

https://financialnews24.com/headline_post.php?id=189&title=Wall%20Street%20Update%3A%20US%20Stock%20Indices%20Trade%20Mixed%20Amid%20Fresh%20PCE%20Inflation%20Data

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 9m

A 2.3% year-over-year rise may seem moderate, but it’s still a key headache for the Fed. Moderate inflation means the Fed won’t back off from tightening anytime soon, which can create volatility in the short term but I think US will do well. At least for the next 4 years.

Anonymous 2

Hey I am on Medial • 9m

Mixed market reactions, typical of uncertain times but on a long term time horizon everything has always turned out okay.

Anonymous 1

Hey I am on Medial • 9m

I toh check everyday on my phone, both dowjones and nasdaq were green.

Recommendations from Medial

Samaksh Singh

Content Writer • 5m

*Global Market Indices* - *S&P 500*: Closed at 5,636.40, up 0.18% from the previous close - *Nasdaq*: Closed at 19,568.40, up 0.32% from the previous close - *Dow Jones*: Closed at 41,520.83, down 0.82% from the previous close - *NIKKEI*: Clos

Sairaj Kadam

Entrepreneur • 3m

Tariffs are dropping fast, faster than Wall Street expected. Inflation? Never coming. Markets knew: a businessman is behind the deal. Nasdaq +7%, S&P 500 +5%. Eyes back on the companies we covered last. That’s not just smart investing, that’s better

Sairaj Kadam

Entrepreneur • 3m

Did we just overhype the US-China trade war? Tariffs dropped: US from 145% to 30%, China from 125% to 10%. Now both sides enter 90-day talks. Markets are green. Companies hit by China are bouncing back. Dow & NASDAQ up. Win-win? But you have to stay

2 Replies

Samaksh Singh

Content Writer • 5m

📊 Key Differences Between Indian and US Stock Markets 🌍 1️⃣ Market Size: 🇺🇸 US: ~$50 Trillion (Largest globally) 🇮🇳 India: ~$4 Trillion (Emerging market) 2️⃣ Major Exchanges: 🇺🇸 US: NYSE, NASDAQ 🇮🇳 India: NSE, BSE 3️⃣ Trading Hours: 🇺🇸

financialnews

Founder And CEO Of F... • 10m

"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices" "RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth

2 Replies

Theformart India

Hey I am on Medial • 1m

The Bold Charm of Art with Mixed Media: Elevate Your Space with Unique Paintings for Wall Decor In today’s ever-changing interior design world home owners and designers are turning to the same element that instantly elevates any space - art with mix

Sairaj Kadam

Entrepreneur • 3m

Moody’s just downgraded the U.S. credit rating from AAA to AA1 huge blow to confidence. Last week, Nasdaq surged 7%, S&P 500 5%, Dow 3% on tariff truce. But today? Futures drop: Dow -0.9%, S&P -1.2%, Nasdaq -1.6%. Debt fears now shaking markets hard.

RootDotAi

From the ROOT to the... • 1y

Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje

2 Replies