GDP update boosts U.S. fourth-quarter economic growth rate to 3.4%
The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace, reflecting a surprisingly resilient U.S. economy.
Consumer sentiment climbs to 2 1/2 -year high as inflation eases
Americans express increasing confidence that inflation will continue to ease - and reduce the financial strain on households.
Dow Industrials Seek Direction After Inching Closer to 40000
The S&P 500 was on track to notch its best start to a year since 2019. And the Dow Jones Industrial Average was a stone's throw away from reaching 40000.
Chicago business-activity index weakens for fourth straight month in March
The Chicago Business Barometer, also known as the Chicago PMI, weakened further in March, dropping to 41.4 from 44 in the prior month. Economists polled by the Wall Street Journal forecast a 45 reading.
Canada GDP Grows Stronger-Than-Expected 0.6% in January
Canada's economy made a solid start to the new year with growth in the first two months tracking well ahead of the BOC's forecast, reinforcing expectations the central bank will once again stick to the sidelines at its coming policy meeting.
Jobless claims fall slightly to 210,000, underscoring strong labor market
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to hover at very low levels in a sign of strength for the economy.
Pending home sales inch up in February
U.S. pending home sales rose 1.6% in February, the National Association of Realtors said on Thursday.
Week Ahead for FX, Bonds
U.S. monthly jobs data return to the spotlight as investors expect the Federal Reserve will lower rates over coming months, while in Europe investors will focus on German inflation figures.
German Retail Sales Unexpectedly Slide
German retail sales fell 1.9% in February against forecasts for a modest rise, with the weakness symbolizing the woes in the sector as consumer confidence remains sluggish.
Bonds Got Relabeled. Now Millions of Americans Get Higher Electric Bills.
After Bloomberg reclassified certain utility bonds, borrowing costs rose.
(END) Dow Jones Newswires
03-28-24 1315ET
