The Latest Breaking News from US Federal Reserve

The dollar index (DXY00 ) on Thursday fell by -0.14%. The dollar was under pressure Thursday after US economic news showed weekly continuing unemployment claims unexpectedly rose to a 2-1/2 year high, a sign of labor market weakness that is dovish for Fed policy. Also, weaker-than-expected US capital goods orders...

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The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. Stock indexes today are mixed. Negative corporate news is weighing on the broader market...

The data LockBit apparently stolen from the Fed actually belonged to an actual bank.

Home sales and construction declined in May. Homeowners who locked in at low mortgage rates before the US Fed's aggressive rate hikes have been unwilling to sell their homes.

Jobless claims dipped last week as the Federal Reserve balances inflation concern with worry about rising unemployment. S&P 500 futures were flat.

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate

When presented with seven points of concern by the Philly Fed, those earning $150,000+ were more worried than anyone else on the earnings spectrum, bar one point: transportation.

September S&P 500 E-Mini futures (ESU24) are down -0.07%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.10% this morning as market participants awaited a flurry of U.S. economic data, a presidential debate, and an earnings report from the world’s largest shoemaker Nike.