U.S. shares rallied Friday to cap a four-day dropping streak on Wall Avenue. Sentiment was buoyed by much better-than-expected retail revenue knowledge and a surprise earnings conquer from Citigroup (C). The S&P 500 surged 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, while the Dow Jones Industrial Typical added 657 points, or approximately 2.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The tech-significant Nasdaq […]

We had some serious economic news this month, when October’s inflation rate came in at 6.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} annualized. It was the sixth consecutive month +5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} year-over-year inflation gains – and the highest inflation rate seen in the US since 1990. Billionaire Ray Dalio, founder of Bridgewater Associates, reminds investors that the […]