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(Reuters) -Wall Street's main indexes dived on Tuesday as 10-year Treasury yields held their multi-year highs, with investors continuing to grapple with the prospects of a prolonged restrictive ...
Wall Street embraced Donald ... The recent surge in bond yields, with the 10-year US Treasury yield edging closer to the psychologically important 5% level, has telegraphed the potential for such ...
The yield on the two-year Treasury, which more closely tracks expectations for what the Federal Reserve will do with short-term interest rates, fell to 4.27% from 4.29%.
Elsewhere on Wall Street, winemaker Duckhorn Portfolio more than doubled after a private-equity firm said it would buy the company for roughly $1.95 billion in cash. All told, the S&P fell 55.13 points to 5,695.94. The Dow dropped 398.51 to 41,954.24, and the Nasdaq sank 213.95 to 17,923.90.
NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks.
But the holiday-shortened week will still give Wall Street a chance to parse through the Fed's expectations for next year's interest rate decisions. Central bankers now predict a shallower rate ...
The Bloomberg US Aggregate Bond Index, or the Agg, is a broad base, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. Investors frequently use the index as a stand-in for measuring the performance of the US bond market .
NEW YORK (Reuters) - U.S. stock indexes settled for a mixed close and benchmark Treasury yields rebounded after a U.S. jobs report showed an uptick in unemployment, cementing expectations that the ...