Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Aug 29 - Wall Street's main indexes rose in early trade on Tuesday after a drop in the latest monthly job openings added to hopes of a pause in interest rate hikes by the U.S. Federal Reserve.
"In both the JOLTS and the consumer confidence number, you're seeing exactly what you'd want to see, a gradual decrease," said Art Hogan, chief market strategist at B Riley Wealth.Multiple sets of economic data are scheduled to be released this week, including the personal consumption expenditures price index and non-farm payrolls.
Alphabet added 2.2% after the Google-parent unveiled a swath of fresh artificial-intelligence technology and partnerships. Shares of Salesforce slipped 1% after J.P.Morgan removed the business software maker from its U.S. analyst focus list.
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