- Investor's Business Daily
Dow Jones Futures: Inflation Reports Loom; Taiwan Semiconductor Leads 5 Stocks Near Buy Points
Dow Jones futures: Inflation reports loom with the stock market near record highs. Taiwan Semiconductor is in buy range.
- Reuters
GLOBAL MARKETS-Global stocks rally, Europe at record highs, dollar gains
A rally in global equity markets lifted stocks in Europe to record highs on Friday amid strong corporate earnings and hopes central bank interest rate cuts are near, while the dollar edged higher despite signs of slowing U.S. economic growth. European shares posted their biggest weekly gain since late January, with the pan-regional STOXX 600 index rising for a sixth straight session, while the FTSE 100 in London hit yet another record high. U.S. equity markets took comfort from earning season as corporate results in aggregate beat expectations, said Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management in Boston.
- Reuters
US STOCKS-Wall Street closes up, another weekly gain ahead of inflation data
U.S. stocks eked out modest gains on Friday and all three indexes posted another weekly advance as investors parsed comments from Federal Reserve officials and looked ahead to crucial inflation data next week. The S&P 500 and the Dow were modestly higher and the Nasdaq ended essentially unchanged.
