US stocks rise as markets hope for ‘Santa Claus rally’

Wall Street stocks rose early Friday as markets factored in new commentary from a senior Federal Reserve official and expected lower trading volumes during the holiday season.New York Federal Reserve President John Williams told CNBC that Thursday’s reading showing lower inflation was likely “distorted” due to data collection difficulties during the government shutdown, dampening enthusiasm […]

US stocks are rising as investors keep an eye on the monetary policy outlook

Wall Street’s major indexes were slightly higher in volatile trading on Wednesday as investors looked for clues about the outlook for interest rates, while caution lingered after reports of funding hurdles for Oracle’s data center plans.Oracle fell 2.8% after a report showed that Blue Owl Capital, the cloud company’s largest data center partner, said it […]