Public Holidays United States will be closed on 19 Feb 2024 (Monday) for Washington’s birthday. No holidays for Singapore, China and Hong Kong as they return from the Chinese New Year festivities. Economic Calendar (19 Feb 2024) Notable Highlights FOMC meeting minutes. This is a closely watched announcement as the FOMC will shed more insights on the coming interest rate cuts. S&P Global US Manufacturing PMI. This data presents the outlook of Global US manufacturing. A figure above 50 represents expansion or growth. S&P Global US Manufacturing PMI. This data reviews the growth or contraction of Global services provided by US businesses. Initial Jobless Claims - This reflects the impact of unemployment, a data point for the Fed’s interest rate decision. The une
Will Market Hit 5000 in February?
February ranks as the second worst month of the year, with an average decline of 0.21%, following September chief investment strategist at CFRA said. The S&P has climbed again in Wednesday trading and hit 4999. --------------------- Will broader market retreat as expected in February? Will S&P 500 hit 5000 this week?
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