StockNow
Log in
U.S. EconomyIMPORTANT

US Real Consumer Spending QoQ Adv (Q2) Q/Q 3.2% vs. Exp. 0.4% (Prev. 0.5%)

StockNow breaking-news AI analysis

US Q2 consumer spending surged 3.2%, beating estimates. This resilience, alongside high inflation, bolstered expectations for a September Fed rate hike, despite warnings of risks from high energy prices.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)