BENGALURU, Dec 9 (Reuters) – The US financial system is headed for a brief, shallow recession over the following 12 months, based on economists polled by Reuters, who have been unanimous in anticipating the US Federal Reserve to go for a hike. decrease than the rate of interest of fifty foundation factors on December 14. … Read more
Weekly jobless claims rise consistent with estimates Moderna, Pfizer up as FDA clears up to date COVID boosters Exxon rises after boosting buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec. 8 (Reuters) – The S&P 500 (.SPX) closed greater on Thursday, snapping a five-session dropping streak, as traders interpreted knowledge displaying an … Read more
Weekly jobless claims rise from 4,000 to 230,000 Persevering with claims rise 62,000 to 1,671 million WASHINGTON, Dec 8 (Reuters) – The variety of Individuals submitting new claims for jobless advantages elevated modestly final week, pointing to a nonetheless sturdy and tight job market regardless of rising fears of a recession because the Federal Reserve … Read more
US service sector exercise picks up in November Tesla cuts manufacturing plan for Shanghai plant for December: sources All sectors of the S&P 500 fall, and power shares are hit laborious Indices down: Dow 1.26%, S&P 1.61%, Nasdaq 1.7% Dec 5 (Reuters) – Main U.S. benchmark indices fell on Monday as buyers feared better-than-expected service … Read more