U.S. Stock Indexes Pare Early Gains
U.S. stocks ended mixed, failing to hold onto early gains, a day after the Federal Reserve's revised outlook for interest rates and inflation triggered a steep selloff
Japan Consumer Prices Rose Faster in November
Consumer inflation in Japan rose at a faster pace in November, reflecting the fading effects of government energy subsidies and higher food prices.
Traders brace for volatility with a record $6.6 trillion in options due to expire in Friday's 'triple witching'
It's "triple-witching" time again, and Friday's expiration promises to be the biggest ever, with options tied to more than $6 trillion in stocks, ETFs and indexes set to expire.
November Home Sales Post Biggest Annual Gain Since 2021
Sales of existing homes rose in November, notching the biggest year-over-year gain in more than three years.
Final GDP Estimate Revises Growth Up to 3.1%
The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion.
Bank of Mexico Makes Fourth Straight Interest-Rate Cut
The central bank board voted unanimously to reduce the overnight interest-rate target to 10% from 10.25%.
Bank of England Keeps Rates Steady After Fed Move
The Fed's signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.
Japan's Central Bank Holds Rates as Uncertainties Complicate Outlook
The Bank of Japan held its policy rate steady as it waits for uncertainties in the U.S. to clear and for more evidence of wage growth at home, but expectations of rate hikes on the horizon remain intact.
Jobless claims subside after Thanksgiving pop and give off good vibes for U.S. economy
Jobless claims are the early-warning radar for the U.S. economy, and they still show no trouble on the horizon. The number of Americans who applied for unemployment benefits in middle of December fell to 220,000.
Oil may 'collapse' below $50 a barrel in 2025 if this perfect storm hits the market
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails - but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a "perfect storm" of factors, including sharp economic declines in China and Europe.
(END) Dow Jones Newswires
December 19, 2024 19:00 ET (00:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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