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Stock indexes reversed gains from earlier in the day to close lower on Tuesday as a fresh set of economic data triggered a bout of inflation fears, clouding rate cut views.
The Fed’s “dot plot,” which shows estimates by policymakers for interest rates, showed expectations the federal funds rate will increase in 2023 to between 5.1% and 5.4% and in 2024 to still ...
Here's what else happened today: Here's why the bond market is throwing a tantrum that could tank stocks. 4 parts of everyday life where Americans will feel surging bond yields .
Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff to earnings season. Futures for the S&P 500 and the Dow Jones Industrial Average each ticked up 0.3 ...
Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...
The yield on the 10-year Treasury, which is the centerpiece of the bond market, eased to 4.67% from 4.69% late Tuesday. But it topped 4.70% earlier in the morning and is well above the 4.15% level ...
Edit Update. Stocks hold steady as Fed’s rate cut arrives. Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut.
Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% to add to its surge from the day before following ...