Back

financialnews

Founder And CEO Of F... • 4m

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

3 replies2 likes
Replies (3)

More like this

Recommendations from Medial

Samaksh Singh

Content Writer • 12d

*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

See More
0 replies6 likes

Samaksh Singh

Content Writer • 16d

📊 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: 🇺🇸

See More
0 replies3 likes
Image Description
Image Description

financialnews

Founder And CEO Of F... • 5m

"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

See More
2 replies7 likes
Image Description

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

See More
2 replies6 likes
1
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 1m

Amid app store restrictions, TikTok now allows US Android users to download the app directly from its website.

3 replies21 likes

Samaksh Singh

Content Writer • 4d

💰 Key Financial Trends to Watch in March 2025 📊 Interest Rate Outlook The US Federal Reserve is expected to maintain interest rates amid signs of cooling inflation, providing some relief to the equity markets. The European Central Bank (ECB) is

See More
0 replies3 likes
Image Description
Image Description

financialnews

Founder And CEO Of F... • 4m

**Stock Market Decline: Nifty 50 Year-End Target Revised to 27,381 – Experts Suggest 'Buy on Dips' for Long-Term Gains** ### Stock Market Correction: Prabhudas Lilladher Revises Nifty 50 Target to 27,381, Recommends Selective Buying Amid the ongoin

See More
3 replies8 likes
2

Shubham Khandelwal

Data Science Enthusi... • 9m

Argentina is going through a massive Economic Turmoil: Argentina’s economy update: 🔹Inflation: 300% 🔹GDP: will *shrink* 2.8% this year (huge recession) 🔹Poverty rate: 58% 🔹Massive privatization around the corner.

0 replies4 likes
Image Description
Image Description

Havish Gupta

Figuring Out • 10m

Last 10 year US Stock Market returns outperform Indian Stock Market returns! And the fact that inflation in USA is very less compared to inflation in India makes it more interesting. So what do you think of this?

11 replies14 likes
1
Image Description

Rabbul Hussian

Hey I am on Medial • 1m

The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans

See More
1 replies13 likes
1

Download the medial app to read full posts, comements and news.