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SPY

The initial jobless claims in the USA were reported at 228K, lower than the estimated 235K and the prior figure of 230K.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 12:31 pm

SPY

The USA PCE Price Index for July came in at 3.3%, matching estimates and showing an increase from the prior 3.0%.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:31 pm

SPY

The USA PCE Price Index for July came in at 0.2%, in line with estimates and the prior month's figure.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:30 pm

SPY

The USA Core PCE Price Index for July came in at 4.2%, matching estimates and showing an increase from the prior figure of 4.1%.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:30 pm

FXI

China's central bank has announced that the rate floor for second-home purchases will be adjusted to no lower than the Loan Prime Rate (LPR) plus 20 basis points.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:24 pm

FXI

China's Central Bank has announced that the policy floor for commercial personal housing loan interest rate for first home purchases will remain unchanged.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 12:16 pm

FXI

China's central bank has announced that existing mortgage rates can be lowered from September 25. This move could potentially stimulate the housing market and overall economy.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 12:12 pm

ATXS

Astria Therapeutics, Inc. (NASDAQ:ATXS) has announced the publication of preclinical data for STAR-0215, a potential long-acting therapy for hereditary angioedema (HAE), in the Journal of Pharmacology and Experimental Therapeutics. The data supports STAR-0215's profile as a potent plasma kallikrein inhibitor with a long half-life. Initial results from a Phase 1a trial support STAR-0215's target profile, with final results expected in Q4 2023. The Phase 1b/2 ALPHA-STAR trial is ongoing, with initial results expected in mid-2024.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:10 pm

AMD

BABA

FXI

KWEB

NVDA

Alibaba's stock is trading lower, in line with broader indexes iShares China Large-Cap ETF and KraneShares Trust KraneShares CSI China Internet ETF. This is due to China's manufacturing activity contracting for a fifth straight month, putting pressure on the government to support economic growth. The US government has also broadened its crackdown on the exports of AI chips developed by Nvidia Corp and Advanced Micro Devices Inc to regions beyond China.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 12:10 pm

FXI

China's central bank is planning to adjust interest rates on mortgages, according to Reuters. This could potentially impact the real estate market and overall economy in China.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 12:10 pm