Econ Data Cools Ahead of NVIDIA Earnings Next Week
https://www.zacks.com/stock/news/2275488/econ-data-cools-ahead-of-nvidia-earnings-next-week?cid=CS-ZC-FT-ahead_of_wall_street-2275488
May 17, 2024 - The moment the "soft landing" narrative resurfaced, bullish sentiment in the stock market commenced.
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Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
https://www.cnbc.com/2024/05/17/shipping-data-shows-mid-range-retail-is-new-consumer-price-sweet-spot.html
May 17, 2024 - Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.
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Asia-Pacific markets mixed as traders react to mixed activity data in China
https://seekingalpha.com/news/4107794-asia-pacific-markets-mixed-as-traders-react-to-mixed-activity-data-in-china?source=feed_tag_japan
May 17, 2024 - Japan (NKY:IND) -0.34%. The Japanese yen weakened toward 156 per dollar, facing renewed pressure after the Bank of Japan left its bond buying amounts the same as the previous operation.
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China consumption slows as retail sales and investment data disappoint
https://www.cnbc.com/2024/05/17/china-economy-april-retail-sales-industrial-production-investment-data.html
May 16, 2024 - China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
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Jones Lang (JLL) to Buy SKAE to Boost Data Center Expertise
https://www.zacks.com/stock/news/2275029/jones-lang-jll-to-buy-skae-to-boost-data-center-expertise?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2275029
May 16, 2024 - Jones Lang (JLL) announces acquisition of SKAE Power Solutions to enhance data center capabilities.
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Vanda (VNDA) Rises on Positive Data From Motion Sickness Study
https://www.zacks.com/stock/news/2274914/vanda-vnda-rises-on-positive-data-from-motion-sickness-study?cid=CS-ZC-FT-analyst_blog|company_news_-_medical_sector-2274914
May 16, 2024 - Vanda's (VNDA) tradipitant appears effective in preventing vomiting associated with motion sickness in a second phase III study. Stock rises on the news.
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Roche (RHHBY) Posts Encouraging Phase I Obesity Drug Data
https://www.zacks.com/stock/news/2274860/roche-rhhby-posts-encouraging-phase-i-obesity-drug-data?cid=CS-ZC-FT-analyst_blog|company_news_-_medical_sector-2274860
May 16, 2024 - Data from the study shows that nearly half of the patients who received Roche's (RHHBY) subcutaneously-administered obesity drug lost more than 20% of their body weight after 24 weeks.
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Asia-Pacific markets rise as Wall Street hits record on soft CPI data; Japan GDP shrinks
https://seekingalpha.com/news/4107085-asia-pacific-markets-advance-as-wall-street-hits-record-on-soft-cpi-data-japans-gdp-shrinks?source=feed_tag_japan
May 16, 2024 - Industrial production in Japan increased by 4.4% month-over-month in March 2024.
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Tamer-Than-Expected Inflation Data Leads To New Record Highs On Wall Street
https://www.rttnews.com/story.aspx?Id=3448138
May 15, 2024 - With traders reacting positively to closely watched consumer price inflation data, stocks moved sharply higher during trading on Wednesday. The major averages added to Tuesday's gains, setting new record closing highs. The rally on Wall Street came following the release of a Labor Department report showing consumer prices in the U.S. rose by slightly less than expected in the month of April.
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Nasdaq, S&P 500 Reach Record Highs On Tamer-Than-Expected Inflation Data
https://www.rttnews.com/story.aspx?Id=3448105
May 15, 2024 - After ending yesterday's choppy session mostly higher, stocks have seen further upside during trading on Wednesday. The major averages have all climbed firmly into positive territory, with the Nasdaq and the S&P 500 reaching new record intraday highs.
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