WSJ China’s central bank lowered benchmark interest rates on loans and deposits, and moved to allow rates to float more freely, in a bid to support growth and advance reform of the financial system. The …
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Bloomberg S&P 500 futures expiring in June rose 0.3 percent to 1,401.50 at 8:42 a.m. New York time. Dow Jones Industrial Average futures added 34 points, or 0.3 percent, to 13,238. Equity futures rose as …
Continue readingWSJ Congratulations, America, your stock market just ended the year almost precisely unchanged. In what appears to be the smallest annual market move for the S&P 500 since 1950, and possibly in the history of …
Continue readingReuters U.S. holiday season sales were expected to rise 3.8 percent to a record $469.1 billion, the National Retail Federation said, slower than last year’s growth but stronger than its preseason forecast. The potential brisk …
Continue readingCalculated Risk This was another weak report, and the headline number was slightly below consensus forecasts. However there were some positives too: the unemployment rate declined to 8.6% and the payroll employment was revised up …
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