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The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
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 .
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest data.
The S&P 500 ended the day up 0.6%, which extended its monthly gain to 5.7% and its year-to-date rise to an impressive 26.5%. That performance was slightly behind the Nasdaq Composite, as has been ...
Year Date Close % Change Weekday 2024* 2024-02-22 16,041.62 +2.96 Thursday 2023 2023-01-06 10,569.29 ... List of stock market crashes and bear markets; References
There was a 3.4% year-over-year increase in US retail sales on Black Friday, with online sales driving the bulk of the gains, according to Mastercard ... Stock market today: Indexes trade mixed as ...
A bull market refers to a sustained period of either realized or expected price rises, [4] whereas a bear market is used to describe when an index or stock has fallen 20% or more from a recent high for a sustained length of time. [5] Market sentiment is monitored with a variety of technical and statistical methods such as the number of ...
Traders are still betting on hefty rate cuts by year-end, with markets pricing in a 67% chance the Fed could cut rates 100 basis points or more by December, per the CME FedWatch tool.