UPRO Stock Recent News
UPRO LATEST HEADLINES
The US indices are all slipping a bit in the early hours of Friday, as the markets continue to focus on inflation, the interest rates situation, and now the jobs numbers in the United States.
Year-ahead inflation expectations increased from 2.8% in December to 3.3% in January.
The range of stocks in the stock market rally has narrowed in recent weeks.
An analyst sees big upside ahead, fueled by rapid growth in high-bandwidth memory for AI.
The US indices were all closed on Thursday for the National Day of Mourning, marking the death of President Jimmy Carter. However, some CFD and early electronic trading was had, setting up these markets to react to the Non-Farm Payroll numbers on Friday.
CEOs might not be so idolized if we realized that many wash out of the job quickly.
Heading into 2024, many strategists doubted the market's ability to keep moving higher after a strong 2023. Inflation was still high, and the Federal Reserve had not yet indicated it would cut interest rates.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
Shares of eBay are on track for their largest daily percentage increase since Feb. 1, 2018.
The US indices in the premarket session continue to see pressures form yields in the bond market rising. Overnight, we have seen the ten year yield reach the 4.7% level, making it difficult for stock to find footing.