The U.S. stock markets experienced a remarkable surge, with the S&P 500 and Dow Jones Industrial Average reaching record heights, driven by solid earnings from major banks.
JPMorgan’s revenue growth, despite challenges in the sector, eased fears of significant profit declines, demonstrating strength among major financial institutions during an uncertain economic climate.
Inflation in the U.S. rose slightly more than anticipated in September, with core prices increasing by 0.3%. This marked a year-over-year increase for the first time since March.
The Labor Department reported a rise in weekly jobless claims to the highest level in 14 months, attributed to Hurricane Helene and job losses in Michigan.
Collection
[
|
...
]