Stocks climbed while the Dollar took a hit as weak U.S. consumer data and the emergence of a pro-rate-cutting candidate as the likely Federal Reserve chairman fuelled expectations of an imminent reduction in interest rates.
Despite half the Federal Reserve’s best efforts to take away the December rate cut, the bond market is signaling from top to bottom, back to front, it doesn’t care one bit.
The US Dollar is on the back foot, and hotter Australian inflation data released earlier has pushed up the Aussie as markets see a more hawkish rate path.
EUR/USD remains under pressure below key technical levels as rising expectations of a December Fed rate cut and weak US data reinforce a bearish outlook.
Over the past five years, companies have experienced one of the most dramatic shifts in customer acquisition costs in modern marketing history. Paid ads are more expensive, conversion rates are lower, and trust in traditional advertising is steadily declining.
Personal computing and printing company HP (NYSE:HPQ) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 4.2% year on year to $14.64 billion. Its non-GAAP profit of $0.93 per share was in line with analysts’ consensus estimates.
The USD/INR pair edges up to near 89.35 as the Indian Rupee continues to underperform, with persistent US Dollar’s demand from Indian importers and in the offshore market.
Valmont has had an impressive run over the past six months as its shares have beaten the S&P 500 by 14%. The stock now trades at $407.42, marking a 27.1% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
The past six months have been a windfall for Pangaea’s shareholders. The company’s stock price has jumped 55.1%, setting a new 52-week high of $7.20 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Over the past six months, Valley National Bank has been a great trade, beating the S&P 500 by 14.9%. Its stock price has climbed to $11.42, representing a healthy 28% increase. This performance may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the senior health, home health & hospice industry, including Option Care Health (NASDAQ:OPCH) and its peers.
Excluding food and energy, the month-over-month increase was only 0.1 Percent. Given that services are about two-thirds of the PPI, the Fed is happy with falling services and rising goods vs the other way around.
Market index trading began flat this morning, but was able to cruise to a higher altitude on news consistent with easing the Fed funds rate going forward.
White House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday.
