Slower wage growth could help the Fed control inflation. U.S. wage growth appears to be peaking, an encouraging development for the Fed. Businesses are now becoming more cautious about spending after big pay raises over the past year, fearing that further big raises will eat into profits, according to recent surveys of HR firms, business

Source: Bear Park Watch Author: Xiong Yuan, Liu Xinyu From a comprehensive perspective, the adjustment of U.S. stocks since the beginning of May is not due to recession expectations, but is more affected by the thunderous performance of heavyweight stocks, Tesla’s acquisition of Twitter, and the escalation of the conflict between Russia and Ukraine. Continue

U.S. inflation slowed in April and consumer spending was strong. The U.S. PCE price index in April was at an annual rate of 6.3%, in line with expectations, and the previous value was 6.6%. The US April PCE price index was 0.2% month-on-month, in line with expectations, and the previous value was 0.9%. The monthly

Source: Wall Street News Tesla’s stock has nearly halved since Musk made his Twitter stake public, but it’s not over yet. Amid a standoff between Musk and Twitter over acquisition progress, Twitter has yet again had bad news, this time with a fine by U.S. regulators over privacy concerns. Twitter Chief Privacy Officer Damien Kieran

Source: Zhitong Finance At the opening of the US stock market on Friday, $Dell Technology (DELL.US) $ rose more than 17%, Q1 revenue of $26.1 billion hit a new high, and net profit increased by 62% year-on-year to $1.1 billion. Bank of America analyst Wamsi Mohan raised Dell’s price target to $67 from $65 and

Source: Wall Street News Continuing Thursday’s gains, the three major U.S. stock indexes opened higher on Friday, with the Nasdaq expanding to 2%, the S&P 500 up 1.5%, and the Dow up 0.8%. Notably, global equity funds saw their biggest inflows in 10 weeks, led by inflows into U.S. equities, as lower valuations attracted buyers

Source: Wall Street News Author: Ying Yiru Glencore, one of the protagonists who participated in the “epic” Nickel War at the beginning of the year, has made headlines again recently. Glencore admitted to conspiring between 2011 and 2019 to manipulate fuel benchmarks set by price reporting agency S&P Global Platts, which allowed it to artificially

Key indicators showed U.S. inflation slowed in April but remained near a 40-year high. On Thursday, May 27, data from the U.S. Department of Commerce showed that the U.S. PCE price index in April increased by 6.3% year-on-year, compared with the expected value of 6.2% and the previous value of 6.6%. The most important indicator

Source: Wall Street News Author: Wang Mei Traders cut expectations for the Federal Reserve to continue raising interest rates in 2022 after revised data on Thursday showed the U.S. economy contracted more than expected in the first quarter. Traders see a 60% chance that the target range for the federal funds rate will rise to

global macro Before the market on Friday, the three major U.S. stock index futures collectively rose European markets mostly higher Image source: Yingwei Caiqing Has U.S. inflation peaked? The core PCE price index in April increased by 4.9% year-on-year, down from the previous value The core PCE price index of the United States in April