Date: October 26, 2018 United States: U.S. GDP Grows Above-Forecast 3.5% on Consumption, Inventories The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. The annualized rate of gains in gross

Date: October 25, 2018 United States: U.S. Stock Futures Climb; Euro Holds Gains on ECB: Markets Wrap An equities rout that wiped out the year’s gains in U.S. stocks took a breather Thursday, as futures advanced and European shares steadied, even as Asia gauges extended declines. The euro rose after the European Central Bank held

Date: October 24, 2018 United States: Stocks Open Mixed After Boeing Beats; Oil Gains: Markets Wrap U.S. stocks opened mixed as upbeat corporate results from companies including Boeing Co. helped turn the earlier gloomy mood. European stocks rallied, while Asian shares slipped even as China’s gauge climbed. The dollar strengthened as the euro slumped. The

Date: October 23, 2018  United States: U.S. Futures Tumble on Peak Profit, Trade Concerns: Markets Wrap U.S. futures extended losses, with contracts on the Dow Jones Industrial Average off more than 400 points, after results from Caterpillar and 3M added to concern that corporate profits have peaked. The yen, gold and Treasuries all rose on

Date: October 22, 2018  United States: Are Jumpy U.S. Equities Hiding a Nasty Surprise? It was quiet out there in the markets—spooky quiet. All five of the calmest quarters for U.S. stocks in the past 20 years have occurred since the start of 2017. Then came Oct. 10-11, when markets were hit by a storm

Date: October 19, 2018  United States: U.S. Futures Gain as Europe Struggles; Dollar Dips: Markets Wrap U.S. equity futures rose, pointing to a stronger open in New York as European shares drifted lower and Asian peers were mixed. Treasuries were steady as the dollar edged down. Futures on the Dow Jones, S&P 500 and Nasdaq

Date: October 18, 2018 United States: Treasury Yields Seen Capped at 3.5% as Stocks Drop, Newton Says Treasury yields are unlikely to rise much further as higher Federal Reserve interest rates weigh on the U.S. economy and push down stock prices, according to Newton Investment Management. Benchmark 10-year yields may still climb for a while

Date: October 17, 2018 United States: Trump’s First Annual Budget Deficit Rises to a Six-Year High The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases. The budget gap for the 12 months through September was 17 percent wider

Date: October 16, 2018  United States: Trump’s First Annual Budget Deficit Rises to a Six-Year High The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases. The budget gap for the 12 months through September was 17 percent

Date: October 12, 2018 United States: Stocks Gain With Earnings in Focus; Dollar Steady: Markets Wrap Stocks staged a broad recovery on Friday as earnings reports from some of America’s biggest banks gave investors something to cheer about at the end of a tumultuous week. The dollar and Treasuries were steady. U.S. equity-index futures jumped