Market Check
By Saeed Azhar, Johann M Cherian and Sanchayaita Roy
NEW YORK (Reuters) -The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
A meeting between U.S. President Donald Trump and Russian counterpart Vladimir Putin was also on the... (continue reading...)
By Saeed Azhar, Johann M Cherian and Sanchayaita Roy
NEW YORK (Reuters) -Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.
A Labor Department report showed producer prices increased the most in three years in July due to a surge in the costs of goods and... (continue reading...)
By Saeed Azhar, Johann M Cherian and Sanchayaita Roy
NEW YORK (Reuters) -The S&P 500 and the Nasdaq scored record closing highs on Tuesday, as news that July inflation rose broadly in line with expectations bolstered bets on a Federal Reserve interest rate cut next month.
The Labor Department said the Consumer Price Index (CPI) rose 0.2% on a monthly basis in July, while annual inflation came in slightly below forecasts, drawing calls from... (continue reading...)
By Saeed Azhar, Johann M Cherian and Sanchayaita Roy
NEW YORK (Reuters) -Wall Street's main indexes ended lower on Monday as investors anxiously await inflation data this week to assess the outlook for interest rates and eye U.S.-China trade developments.
Investors expect the recent shakeup at the U.S. Federal Reserve and signs of labor market weakness could nudge the central bank into adopting a dovish monetary policy stance later this... (continue reading...)
By Caroline Valetkevitch
NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands and other companies cited trade duties in their results or outlooks.
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years.
In addition, a measure of activity in the U.S. services sector hit... (continue reading...)
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S&P 500 Weakness Continues, Down 1.75% on Yield Concerns
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