Market Pulse - Usa
US open: Stocks slide lower following latest inflation report
US stocks edged lower at the open on Friday as investors thumbed over an in-line reading on inflation.
US CPI slips in December on energy price drop, core inflation 'solid'
US consumer prices fell back just as expected last month amid a sharp drop in energy costs but, according to analysts, amid broad-based inflationary pressures at the core level.
Google board allegedly covered-up sexual misconduct
Alphabet directors were accused on Thursday of providing big severance packages to executives in order to help cover up their sexual misconduct.
BofA-ML sees Brent at $70 in 2019, but says global recession could result in $35
There are risks, but analysts at Bank of America-Merrill Lynch on Friday reiterated their forecast for an average price of Brent crude oil in 2019 of $70 a barrel, pointing to a combination of potentially supportive factors, including a weaker US dollar, and the then current 'bearish' investor set-up.
Europe midday: Investors mull recession risks in Germany and Italy
Stocks on the Continent are trading slightly lower, with gains for the single currency acting as a drag even as analysts mull the risk of technical recessions in Germany and Italy at the end of 2018.
Fed's Clarida sounds very dovish note on policy outlook
The US central bank's second-in-charge sounded quite a 'dovish' note on Thursday evening, making the case for the central bank to offset slower growth overseas and "materially" tighter financial conditions if they are sustained.
US close: Markets finish higher despite lingering shutdown concerns
Wall Street trading reversed earlier losses to finish in positive territory on Thursday, amid concerns about the ongoing government shutdown and after weaker-than-forecast Chinese inflation data.