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Stocks pulled back Friday morning as bond yields reached higher. Mixed initial jobless claims data sent the 10-year Treasury yield to a seven-month high on Thursday. Investors are still watching ...
In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 3.95% to $80.56 a barrel. Brent crude , the international benchmark, edged up 0.59% to $82.51 a barrel.
Bond yields soared after the Fed's summary of economic projections and Powell's remarks indicated just two rate cuts in 2025. The 10-year Treasury yield spiked 10 basis points to 4.49%.
In commodities, bonds, and crypto: West Texas Intermediate crude oil dipped 1% to $71.03 a barrel. Brent crude , the international benchmark, was lower by 1.01% to $75.27 a barrel.
U.S. stocks moved higher Tuesday following U.S. and European efforts to stabilize the banking system. The S&P 500 climbed 1.3%, while the Dow Jones Industrial Average gained nearly 1%.Contracts on ...
A bitcoin crash could be the stock market's top threat next year, Interactive Brokers chairman says. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1.26% to $69.80 a ...
Yields on government bonds also rose, with the yield on the benchmark 10-year U.S. Treasury note at around 3.617% early Monday, off a couple basis points from Friday's settlement.
Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.