PCE Data Boosts Rate Cut Expectations and CrowdStrike Executive to Testify

Reported about 1 month ago

Mixed trading is observed among major equities as investors analyze the July PCE report, which strengthens expectations for a Federal Reserve rate cut in September. Additionally, CrowdStrike's senior VP Adam Meyers will testify before a U.S. House subcommittee on the global tech outage in July.

You may also interested in these wikis

Impact of Kamala Harris's Election Victory on Wall Street's Key Stocks

TSMC Reports Q3 Revenue Surge Fueled by AI Chip Demand

It's Not Too Late to Invest in Bonds

Inflation Expert Analyzes Hot CPI Data Impact on Fed Rate Cuts

Strategist Sees Few Vulnerabilities in Current Bull Market

First Solar Stocks Drop Due to Analyst Warnings

Bank of America Study: 78% of Small and Mid-Sized Businesses Expect Revenue Growth

67% of Warren Buffett's $315 Billion Portfolio Invested in 5 Key Stocks

AMD Stock Declines Despite Promising AI Developments

Chinese Stocks Recover Amid Stimulus Optimism

Back to all Wikis