The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

Consumer companies that offer essential goods and services are often more resistant to macroeconomic uncertainty, as they enjoy an inelastic demand for their offerings. Therefore, investing in three quality consumer goods stocks, Kimberly-Clark de México (KCDMY), Ennis, Inc. (EBF), and Mannatech, Incorporated (MTEX), could be a wise choice this month.…

The Consumer Price Index fell to its lowest point since March 2021, but does this mean Americans may experience another pause on interest rate hikes?

The average long-term U.S. mortgage rate climbed this week to just under 7%, the highest level since November and the latest setback for homebuyers already grappling with a tough housing market constrained by a dearth of homes for sale

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. Stocks this morning extended Wednesday’s gains, with the S&P...

Dow Jones pared gains at noon after a second set of data for the week showed cooling inflation, raising hopes of a second rate pause this year.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.37% at a 15-month high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.73% at a 17-month high. U.S. stock index futures this morning are moving higher on optimism that the moderation of U.S. price...

“Many economists argue that the last mile of inflation reduction will be the hardest, but that isn’t necessarily the case,” ZipRecruiter’s Julia Pollak told Fortune.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.74%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stock indexes Wednesday rallied, with the S&P 500 posting...

All three major indexes closed higher after the June CPI report, but tech stocks saw outsized gains.

The dollar index (DXY00 ) Wednesday plunged by -1.17% and posted a 14-1/2 month low. The dollar sank Wednesday on speculation the weaker-than-expected U.S. June CPI report will prompt the Fed to end its rate hike campaign sooner than expected. Also, lower T-note yields Wednesday weighed on the dollar, and...

Consumer spending has remained steady lately, with declining inflationary woes. Therefore, it could be wise to invest in fundamentally strong consumer goods stocks Shiseido Company (SSDOY), Yue Yuen Industrial (YUEIY), and Acme United (ACU) now for solid returns. Keep reading….