Econ #s - Spark Newswire

3 minute read

Federal Reserve Downshifts To 0.25%: Central Bank’s Pace Of Interest Rate Hikes Slows With Inflation

Today, 7:42 PM

The SPDR S&P 500 (NYSE: SPY) initially moved lower before reversing and turning positive after the Federal Reserve on Wednesday raised its benchmark rate by 0.25%, marking the central bank's

SPY

1 minute read

Taiwan’s Export Orders Fell 23.2% In December; Orders To Taiwan From Mainland China And Hong Kong Fell For A Ninth Straight Month In December

By Charles Gross

Today, 7:42 PM

-South China Morning Post https://www.scmp.com/economy/global-economy/article/3208611/taiwans-export-orders-down-23-cent-china-and-hong-kong-lead-decline-despite-reopening?module=live&pgtype=homepage

EWH

2 minute read

Inflation Watch: What To Expect From The December PCE Index Friday

By AJ Fabino

Today, 7:42 PM

As the market digests the positive economic data issued Thursday, investor eyes are turned to the Friday release of the Personal Consumption Expenditures (PCE) price index data for December.

SPY

2 minute read

Q4 GDP Rises 2.9% In What Should ‘Reignite’ Soft Landing Talks: 2 Experts Agree On The Fed’s Next Move

By Adam Eckert

Today, 7:42 PM

The U.S. economy grew more than economists had predicted in the fourth quarter, a welcome sign for bullish investors. Two experts were in agreement on how the Federal Reserve will respond to Thursday's print.

SPY

2 minute read

Unexpected Twist In Tech Layoffs: New Unemployment Claims Drop Amid Positive Economic Growth

By AJ Fabino

Today, 7:42 PM

Indeed, sweeping layoffs in the tech sector over the last couple of months are troubling, but a curious phenomenon has emerged. The number of new first-time applications for unemployment benefits actually decreased, according to Thursday’s jobs report.

GOOG

1 minute read

USA Housing Starts for Dec 1.382M vs 1.359M Est; Prior 1.401M

By Benzinga Newsdesk

Today, 7:42 PM

USA Housing Starts for Dec 1.382 million vs 1.359 million consensus estimate. The prior reading was 1.401 million.

SPY

2 minute read

Fed Beige Book Warns Of ‘Little Growth In The Month Ahead,’ Sends Markets Lower

By Wayne Duggan

Today, 7:42 PM

U.S. economic growth and business activity remains soft heading into 2023, according to the latest Federal Reserve Beige Book report on Wednesday.

SPY

1 minute read

USA Core Retail Sales (MoM) for Dec (1.100)% vs (0.400)% Est; Prior (0.200)%

By Benzinga Newsdesk

Today, 7:42 PM

USA Core Retail Sales (MoM) for Dec (1.100)% vs (0.400)% consensus estimate. The prior reading was (0.200)%.

SPY

3 minute read

Hike, Pause, Pivot Or Cut? 4 Experts On The Fed’s Next Interest Rate Move As CPI Data Shows Inflation ‘Weakening’

By Adam Eckert

Today, 7:42 PM

The Labor Department on Thursday reported a 6.5% year-over-year increase in December's consumer price index (CPI).

SPY

2 minute read

Important CPI Inflation Reading Coming On Thursday: What Investors Should Expect

By Wayne Duggan

Today, 7:42 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.6% on Wednesday ahead of a critical consumer price index (CPI) inflation reading on Thursday morning.

SPY