Economic Data - Stock Index Futures Plunge With Tech Under Pressure, U.S. Economic Data and Earnings in Focus
17-07-2024 02:33
S&P 500 E-Mini futures (ESU24)are down -0.79%, and September Nasdaq 100 E-Mini futures (NQU24) are down -1.22% this morning as concerns over stricter U.S. restrictions on Chinese trade and ...
'Garbage time': China’s slump spins out new meme of economic despair
China’s sputtering economy has prompted a dire, new shorthand online for pessimism about the prospects for any turnaround for jobs, incomes and opportunity: “the garbage time of history.” ...
Britain to be fastest growing major European economy
However it means that, for now, the UK is still falling short of Labour’s manifesto pledge “to secure the highest sustained growth in the G7”, as the US and Canadian economies are even faster.
Stocks surge after retail sales data shows Americans are still shopping
Wall Street is cheering after fresh data showed American consumers aren’t tapping out quite yet, despite a disappointing few months for retailers.
Major boost as IMF confirms UK economy is performing better than expected
Rishi Sunak received fresh vindication for his economic policies after the IMF confirmed its upgraded GDP growth forecasts for the UK.
