Consumer sentiment according to the University of Michigan is again heading downwards. For January, the sentiment index falls to 68.8 points against an expectation of 70 points and the previous level of 70.6 points. Rising prices and uncertainty about the coronavirus are responsible for the low sentiment. Inflation expectations for the 1-year outlook point to 4.9%, compared to 4.8%.
Apple jumped 5% in after-hours trading following the release of solid earnings for Q4 2021. Company benefited from high iPhone demand in China and...
8:49 AMRelease of a solid earnings report for Q4 2021 by Apple yesterday after the close of the Wall Street session failed to provide a lift for the tech sector....
7:43 AMEuropean indices set to open lower Core PCE inflation from the United States Caterpillar to report earnings today Futures...
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