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Economic data


NEW YORK, Oct. 28 (Xinhua) – US stocks rose on Thursday as investors analyzed a plethora of earnings reports and economic data. The Dow Jones Industrial Average rose 239.79 points, or 0.68%, to 35,730.48. The S&P 500 rose 44.74 points, or 0.98%, to 4,596.42. The Nasdaq Composite Index rose 212.28 points, or 1.39%, to 15,448.12. …

People walk near the New York Stock Exchange (NYSE) on Wall Street on July 15, 2021 in New York City. – AFP photo NEW YORK, October 28 – Wall Street stocks resumed their ascent early in the day after a mostly strong earnings stream from Merck, Caterpillar and others as investors ignored a lackluster US …

The MBA Mortgage Application Activity Index for the past week is expected to be released at 7:00 a.m. ET. Durable goods order data for September will be released at 8:30 a.m. ET. Although durable goods orders picked up in August, analysts expect September orders to drop 0.9%. A preliminary report on U.S. international merchandise trade …

The Johnson Redbook Retail Sales Index for the past week is expected to be released at 8:55 a.m. ET. The S&P Corelogic Case-Shiller Home Price Index for August will be released at 9:00 a.m.ET. The Case-Shiller’s Index is expected to rise 1.3% per month in August. The Federal Housing Finance Agency’s home price index for …

The US dollar weakened at the end of Saturday’s session as market participants digested a plethora of economic data NEW YORK, Oct 23 (UrduPoint / Pakistan Point News – Oct 23, 2021) -: The US dollar weakened late in session on Saturday as market participants digested a plethora of economic data. The dollar index, which …

Even though bullish economic data gave the greenback a boost on Friday, the greenback was down in London on Friday as the dollar headed for a second straight week of losses. According to US data released Thursday, existing home sales rose 7% month-over-month in September to 6.29 million units. However, the DXY bulls failed to …

The US dollar appears to have reversed some of its recent losses early in Friday’s session, supported by positive economic data from the housing sector and the labor market as well as a slight rise in US Treasury yields. At the time of this writing, the DXY US Dollar Index is trading at around 93.64. …

Friday brings good news for the world’s third-largest economy, which is struggling to keep pace with the rapid recovery underway in most parts of the world after the coronavirus crisis. Service sector activity across Japan posted growth for the first time since January 2020 even as consumer inflation saw an increase for the first time …

Data on initial jobless claims for the past week will be released at 8:30 a.m. ET. Analysts expect jobless claims to rise to 300,000 for the week of October 16, from 293,000 the week before. The Philadelphia Fed Manufacturing Index for October is expected to be released at 8:30 a.m. ET. The index is expected …

The world’s second-largest economy experienced disappointing growth in the third quarter, largely due to power shortages and a slowdown in the real estate sector. According to the National Bureau of Statistics, China’s third-quarter GDP grew 4.9% year-on-year, slowing from 7.9% in the second quarter of 2021 and below market consensus of 5.2% (according to a …