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After the historic drop and surge of 2020, US growth has remained robust except for the first couple of quarters in 2022. And the recent revision to Q2 2022 GDP, which flipped it to positive from ...
Major indexes slipped in early-morning trading, while Treasury yields moved up. The 10-year Treasury bond yield rose three basis points to 4.242%, its highest level in about three months.
For the stock market, higher interest rates mean lower stock prices, all else equal. In a note to clients on Sunday evening, Fundstrat's Tom Lee wrote a clear explanation of how his clients right ...
Since this bull market began two years ago, the S&P 500 has tacked on $22 trillion in market capitalization, of which the Mag Seven stocks have contributed a cool $10 trillion, or 45%.
The index had been up as much as 1.1% in the morning. The Dow Jones Industrial Average rose 15 points, or less than 0.1%, following Wednesday’s drop of 1,123 points, while the Nasdaq composite ...
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
Jobless claims from last week fell by more than expected to 216,000, a 12,000 drop from the week prior. Economists had expected claims to come in at 230,000. Here's where US indexes stood shortly ...
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