US equity futures advanced as investors awaited the delayed September CPI report, a crucial inflation gauge that could shape Federal Reserve policy. In a surprising diplomatic move, President Trump suspended trade negotiations with Canada over a controversial tariff advertisement campaign funded by the Ontario government. Meanwhile, Intel shares gained significant momentum following the chipmaker’s return to profitability and optimistic forward guidance, providing a bright spot in the pre-market trading session.
about US Futures Rise Ahead of Key CPI Data; Trump Halts Canada TalksRonald Reagan
0 posts last weekStock Market Closure on Inauguration Day and Martin Luther King Jr Day
U.S. stock markets, including the Nasdaq and New York Stock Exchange, will be closed on January 20 for Martin Luther King Jr. Day, coinciding with Donald Trump’s Inauguration Day. Bond markets will also close on this holiday, with all markets reopening on January 21. This overlap has occurred only three times previously during second-term inaugurations.
about Stock Market Closure on Inauguration Day and Martin Luther King Jr DayStock Market Trading Suspended for Jimmy Carter’s Funeral and Economic Updates
Stock markets will halt trading on Thursday in honor of former President Jimmy Carter, who passed away at 100. Known for his humanitarian efforts post-presidency, Carter’s tenure was marked by challenges, including the Iran Hostage Crisis.On Friday, the U.S. Bureau of Labor Statistics will release the Employment Situation report, with expectations of 155K jobs added in December and an unemployment rate steady at 4.2%. This report is crucial for the Federal Reserve’s monetary policy considerations amid ongoing economic concerns.
about Stock Market Trading Suspended for Jimmy Carter's Funeral and Economic Updates