Retail boost helps lift S&P 500

NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more aggressive in the face of rising inflation.FILE PHOTO: People walk by the New York

Goldman Sachs forecasts modest rise for S&P 500 index in 2022

FILE PHOTO: A trader looks at a screen that charts the S&P 500 on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 27, 2017. REUTERS/Brendan McDermid(Reuters) – Goldman Sachs expects the S&P 500 index to rise by a more modest 9% by the end

Morgan Stanley sets end-2022 S&P 500 target at 4,400

FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File PhotoNEW YORK (Reuters) – Morgan Stanley analysts see the S&P 500 moving lower in 2022, with equity markets more volatile as earnings growth slows, bond yields climb and companies try

‘Arrogance is staggering’ Biden and US savaged for ‘telling the British what to do’ on EU

Brexit: Lord Frost hits out at EU over Northern Ireland Protocol We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More

Labor force participation "quite depressed" versus pre-pandemic levels, Yellen says

FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Phil Noble(Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that labor force participation was “quite depressed” compared to pre-pandemic levels. “When we really get control of the

Futures extend losses after strong inflation data

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. REUTERS/Brendan McDermid(Reuters) – U.S. stock index futures extended losses on Wednesday after data showed U.S. consumer prices rose more than expected in October, fueling concerns that inflation could

FOMC: Time is here to taper bond buying, not to hike rates

NEW YORK (Reuters) – The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with plans to end them in 2022, but held to its belief that high inflation would prove “transitory” and likely not require a fast rise in interest rates.FILE PHOTO: The

Futures slip on Fed angst; Tesla slides after record run

(Reuters) – U.S. stock index futures slipped on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases.FILE PHOTO: Traders work on the floor of the New

Yellen says Democrats, if needed, must tackle debt limit alone -Washington Post

FILE PHOTO: Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERSWASHINGTON (Reuters) – Congressional Democrats should address the nation’s debt limit on their own if Republicans refuse to act in a bipartisan manner to avoid a national default,

Solid earnings lift mood on Wall Street ahead of Apple, Amazon results

(Reuters) – Wall Street’s main indexes rose on Thursday as upbeat quarterly earnings from Caterpillar, Merck and Ford helped investors shrug off data that showed U.S. economic growth slowed sharply in the third quarter.FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York