The Latest Breaking News from Inflation

Hopes of interest rate cut dashed by Bank of England economist

Huw Pill says he is uncomfortable with persistence of inflation

The Guardian - UK · Jul 10, 2024

Chip Stock Strength Pushes the S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stock indexes today are moving higher, with the S&P 500 and Nasdaq 100 posting...

Barchart · Jul 10, 2024

A giant crucifix on an Argentinian beach – Andreas Billman’s best photograph

‘Many people are surprised by its size and someone asked if it was a real person. But for anyone from Argentina, it’s just part of the everyday’

The Guardian - UK · Jul 10, 2024

NZ Reserve Bank holds official cash rate at 5.5 pct

New Zealand mortgage-holders could see relief by year's end, with Reserve Bank governor Adrian Orr saying high interest rates are easing inflation.

AAP · Jul 10, 2024

Stocks Finish Higher on Balanced Comments from Fed Chair Powell

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. Stock indexes settled mixed on Tuesday, with the S&P 500 and Nasdaq 100 posting...

Barchart · Jul 9, 2024

Is it Time to Buy Small Cap Stocks?

The S&P 500 (SPY) making new record highs is the big headline these days. Unfortunately the small print tells you that the rest of the market is not coming along for the ride. However, Steve Reitmeister sees its time to flip the script and for small caps to finally take…

StockNews.com · Jul 9, 2024

Dollar Firms as Powell’s Comments Boost T-note Yields

The dollar index (DXY00 ) Tuesday rose by +0.13% on higher T-note yields. However, Tuesday’s rally in the S&P 500 to a new record high curbed some liquidity demand for the dollar. Fed Chair Powell said "more good data" would strengthen confidence that inflation is moving down toward the Fed's...

Barchart · Jul 9, 2024

3 High-Yield Dividend Stocks to Secure Your Retirement

As you plan for retirement, securing a reliable income stream is crucial. High-yield dividend stocks like Energy Transfer (ET), MPLX LP (MPLX), and PLDT Inc. (PHI) could offer the stability you need. With consumer prices expected to decline and potential Fed rate cuts on the horizon, let’s discuss how these…

StockNews.com · Jul 9, 2024

Where are Grain and Oilseed Prices Heading in Q3 and Beyond?

Grain and oilseed prices have been under selling pressure since making all-time or multi-year highs in 2022. The selling continued in Q1 and Q2 2024. As we move into the second half of 2024, prices have dropped to levels that could offer value for the coming months and years as…

Barchart · Jul 9, 2024

Chip Stock Strength Pushes the S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. Stock indexes today are mixed, with the S&P 500 and Nasdaq 100 posting new...

Barchart · Jul 9, 2024