PCE rose as expected in July
The Fed's preferred measure of inflation, Personal Consumption Expenditures (PCE), was a little hotter y/y, although it came in as expected.
Read MoreThe Fed's preferred measure of inflation, Personal Consumption Expenditures (PCE), was a little hotter y/y, although it came in as expected.
Read MoreOur four key tactical indicators held near Tuesday's levels with the 0.38% gain in the S&P 500 Index (SPX) yesterday. Below are the closing levels over the past five…
Read MoreS&P equity futures are trading slightly above Wednesday's close amidst mixed sessions in Europe and Asia overnight.
Read MoreThe second estimate for second-quarter GDP was released, which showed GDP rose at a 2.1% annual rate, down from 2.4% in the initial print, which was also the consensus.…
Read MoreOn the heels of yesterday's JOLTS report, data from ADP also signaled employment growth is slowing.
Read MoreThanks to yesterday's 1.45% gain in the S&P 500 Index (SPX), the percentage of stocks above the 10-day moving average jumped back near overbought territory.
Read MoreS&P equity futures are trading marginally below Tuesday's close amidst mostly lower markets in Europe and a mostly positive session in Asia overnight.
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