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Back to fundamentals. The stock market has stumbled in recent weeks as rates have soared. This action played out on Friday as the 10-year Treasury yield added about five basis points to creep near ...
A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...
"Possible dovish surprises could include a more concerned take on the labor market or any suggestion that the high level of the fed funds rate is inappropriate in light of the progress made on ...
The Chicago Mercantile Exchange (CME) (often called "the Chicago Merc", or "the Merc") is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. For most of its history, the exchange was in the then common form of ...
NYSE Chicago, formerly known as the Chicago Stock Exchange (CHX), is a stock exchange in Chicago, Illinois, US. The exchange is a national securities exchange and self-regulatory organization , which operates under the oversight of the U.S. Securities and Exchange Commission (SEC).
Downsizing and plant closures continued into the 1990s and 2000s, and the US Dept of Commerce estimates that today fewer than 25,000 people are employed in the steel industry in the Chicago–Joliet–Naperville, IL–IN–WI Metropolitan Statistical Area (18,000 of whom are actually in Northwest Indiana.
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In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations ...