Gold futures head higher Friday, after briefly taking a dip into negative territory, following the first estimate of second-quarter U.S. gross domestic product, which indicated the economy was healthy but slowing and might still warrant a rate cut by the Federal Reserve.
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What to expect from Friday's GDP reportBoeing's 737 Max crisis has wreaked havoc on the airline industry. It may have made a dent in the US economy, too.
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Yield curves help predict economic growth across the rich worldIn America, recessions typically follow after the yield curve has inverted. The relationship seems murkier in other countries but it is tangible
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US Treasury yields rise ahead of GDP dataU.S. government debt yields rose Friday morning, as traders looked ahead to fresh data and weighed the possibility of a less dovish tone from the Federal Reserve next week.
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US futures higher as traders look ahead to GDP dataU.S. stock index futures moved higher on Friday morning as traders digested corporate earnings, looked ahead to fresh data and weighed the possibility of a less dovish tone from the Federal Reserve next week.
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The economy won’t get a great grade for the 2nd quarter, but GDP to show bright spotsThe U.S. economy is likely to show a slower pace of growth for the spring, but the details will also show second quarter GDP was better than it looked. Just...
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Steady GDP Report Could Alter Bets on Several Rate CutsFriday’s report on second-quarter economic activity could challenge investor projections for several rate cuts this year, a potential hurdle for the market rally.
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