FPG U.S. Stock Market Report November 1, 2024
FPG U.S. Stock Market Report November 1, 2024 U.S. stock futures rose as strong earnings reports from technology companies boosted market confidence U.S. stock futures rose on Friday, driven by strong earnings reports from major technology companies. In after-hours trading, Amazon rose nearly 6% on strong growth in cloud computing and advertising, beating market expectations […]
Fed’s Inflation Measure Nears Target: Economy Remains Resilient
Fed’s Inflation Measure Nears Target: Economy Remains Resilient The Federal Reserve’s favored inflation gauge, the personal-consumption-expenditures (PCE) price index, dropped to 2.1% in September, indicating inflation is nearing the central bank’s 2% goal. Monthly price increases moderated, with a rise of just under 0.2% from August, marking a significant cooldown compared to the rapid increases […]