Stock futures are little changed ahead of a holiday-shortened trading week: Live updates
Stock futures were little changed on Sunday evening ahead of a holiday-shortened week.
DOW asian news
Asia-Pacific markets set for lower open ahead of key China data
Asia-Pacific markets are set to open lower on Monday as the region looks to key economic data out from China.
CNBC Daily Open: Mega money Musk, Kitty's stake grows
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Stock futures are little changed after S&P 500 posts fourth consecutive closing record: Live updates
Stock futures were little changed Thursday, following a fresh record close for the S&P 500 and strong quarterly results from Adobe.
Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.
European stocks close lower as markets assess U.S. outlook; autos down 2.3%
LONDON — European stocks closed lower Thursday as regional investors reacted to the U.S. Federal Reserve's latest monetary policy decision and U.S. inflation data.
Fed recap: Chair Powell explains why the central bank isn't ready yet to cut rates
The Federal Reserve held interest rates steady at their current range of 5.25% to 5.5%, but revised its outlook for rate cuts to just one in 2024. Central bank policymakers noted that there has been "modest further progress" toward its 2% inflation objective. Federal Reserve Chair Jerome Powell noted at the press conference that the central bank does not yet have the confidence to cut rates, even as inflation has eased from its peak levels.
S&P 500 closes above 5,400 for the first time as Fed notes ‘modest’ inflation progress: Live updates
The S&P 500 jumped to a record and closed above 5,400 for the first time Wednesday after the Federal Reserve's latest policy announcement and May inflation data pointed to easing pricing pressures.