Posts
avatar

For the week of October 26–30, the U.S. economy grew at an annual rate of 3.4%, but inflation concerns persisted, prompting the Federal Reserve to hold the policy interest rate steady at 3.75%–4.00%. Although the core PCE inflation rate declined to 2.5%, personal consumption rose by 3.8%, significantly contributing to GDP growth. On the 30th, the S&P 500 fell 1.8%, reflecting market caution over high valuations in technology stocks. Next week brings key economic releases: the ISM Manufacturing PMI (Nov 2), JOLTS job openings (Nov 3), ADP Employment Report (Nov 4), ISM Non-Manufacturing PMI (Nov 4), and the U.S. Employment Statistics (Nov 6). #markets #investing ※Investing involves risks. Please make final decisions at your own responsibility.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment