gauge

European markets fall slightly as investors gauge China's Covid relaxation and oil moves

European markets fall slightly as investors gauge China’s Covid relaxation and oil moves

Stocks in motion: CFF up 8%, Rational down 7% Swedish real estate company SBB saw its shares surge 8% mid-afternoon to top the Stoxx 600 after presenting its pro forma earning capacity for 2023 following the sale of shares in education unit EduCo. At the bottom of the index, German kitchen appliance maker Rational fell …

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The Fed's favorite inflation gauge slowed in October

The Fed’s favorite inflation gauge slowed in October

Inflation showed welcome signs of moderating in October, but remained uncomfortably fast even as a slew of economic data underlined that a return to normal price increases could take time. Prices as measured by the Personal Consumption Expenditure Index, the metric the Federal Reserve is watching most closely, rose 6% in the year to October, …

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Live stock market news updates: Stocks fall despite softer reading in key Fed inflation gauge

Live stock market news updates: Stocks fall despite softer reading in key Fed inflation gauge

U.S. stocks fell on Thursday in a bearish start to December, with fears of a recession appearing to outweigh falling inflation and signals of a slowing in the pace and depth of rate hikes from the start. end of this month. The S&P 500 (^GSPC) slid 0.2%, while the Dow Jones Industrial Average erased nearly …

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