Dow plunges after Fed chair’s rate comments spook markets
Wall Street’s main indexes fell on Monday as investors weighed U.S. corporate earnings, while U.S. Treasury yields rose after Federal Reserve Chairman Jerome Powell firmly pushed back on market expectations of an imminent rate cut. did. Powell said in an interview aired Sunday that more evidence of a sustained downward trend in inflation was needed […]
Trump markets himself as an outsider in new campaign ad: ‘Embrace the label’
Former President Trump released a new campaign ad on his site Truth Social, calling himself an outsider and urging his supporters to embrace being outsiders. “Treat the word ‘impossible’ as just a motivator. Enjoy the opportunity to be an outsider and accept that label.” President Trump said in the video:, which showed various images and […]
Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks extended their gains this week as a rebound in big tech companies and solid employment data supported the outlook for corporate profits. Most Read Articles on Bloomberg Stocks hit record highs, with the S&P 500 nearing 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com […]
Stocks Fall as Market Seeks Fresh China Stimulus: Markets Wrap – Yahoo Finance
(Bloomberg) – Asian stocks fell on Tuesday, led by weaker Chinese stocks, as deepening market pessimism increased pressure on policymakers in the world’s second-largest economy to cut interest rates. Most Read Articles on Bloomberg Hong Kong stock prices fell about 2%, and mainland stocks were expected to fall for the third day in a row. […]
S&P 500 Tops 4900 as Yields Fall on Treasury News: Markets Wrap – Yahoo Finance
(Bloomberg) — A busy week on Wall Street began with gains in stocks and bonds, with the Treasury Department surprising several traders by lowering its quarterly borrowing forecast to $760 billion. Most Read Articles on Bloomberg U.S. Treasury yields fell on the news, and the tech-heavy Nasdaq 100 rose 1%, outperforming the results of five […]
Bond Yields Rise on Bets Fed 'Not Rushing' to Ease: Markets Wrap – Yahoo Finance
(Bloomberg) – Wall Street struggles with mixed economic data, keeping U.S. Treasuries under pressure and traders showing patience before the Federal Reserve decides to cut interest rates this year. I expect it to be deaf. Most Read Articles on Bloomberg Bond losses were driven by shorter maturities, as data showed consumer spending exceeded expectations even […]
Euro retreats after ECB holds rates flat, markets price in June rate cuts – FXStreet
share: The euro fell from familiar technical levels following the ECB's dovish stance. In Europe, economic indicators are expected to be weak until next Tuesday's GDP announcement. The broader market will focus on the US PCE price index on Friday as it concludes the trading week. The euro (EUR) fell on Thursday after […]
SEC's Gensler calls for shorter settlement times in currency markets – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The top U.S. securities regulator said Thursday that regulators should work to include foreign exchange in a global effort to reduce trade settlement times in financial markets. Securities and Exchange Commission Chairman Gary Gensler said regulators and […]
Stocks Stall as Latest Results Subdue Buoyant Mood: Markets Wrap – Yahoo Finance
(Bloomberg) – Global stocks took a breather after a recent rally on Thursday as investors processed the latest earnings news and looked forward to the European Central Bank meeting and U.S. economic growth data. Most Read Articles on Bloomberg Europe's Stoxx 600 index fell, while the blue-chip Euro Stoxx 50 index was flat after soaring […]
Stocks Rally as Wall Street Set to Build on Record: Markets Wrap – Yahoo Finance
(Bloomberg) — Global stocks rose on Monday as futures hinted at a new record high on Wall Street. Most Read Articles on Bloomberg Europe's Stoxx 600 index rose 0.5%, led by banks, real estate and tech stocks. Futures contracts for the Nasdaq 100 Index rose 0.6%, and futures contracts for the S&P 500 Index rose […]