Stock market today: Stock rebound loses steam as Dow sinks, S&P 500 moves closer to correction – Yahoo Finance
The latest Consumer Price Index (CPI) Housing costs showed that they eased to the slowest pace in February in over three years. Shelter costs rose 4.2% from the previous year in February, slower than the 4.4% increase seen in January, and later than the 12-month minimum increase since December 2021. Home expenses, which rose 0.3% […]
Bank of Canada cuts benchmark interest rate by 25 bps, as Trump ratchets up tariffs – Yahoo Canada Finance
A new Canadian bank survey shows households and businesses hope that trade tensions with the US will lead to higher prices, lower job security, slower sales, and more cautious spending. The Canadian central bank says the investigation was conducted between January 29th and February 28th, reflecting a widespread US tariff of 25% and the threat […]
Stock market today: Stock futures surge across the board as inflation data calms investor nerves – Yahoo Finance UK
The latest Consumer Price Index (CPI) Housing costs showed that they eased to the slowest pace in February in over three years. Shelter costs rose 4.2% from the previous year in February, slower than the 4.4% increase seen in January, and later than the 12-month minimum increase since December 2021. Home expenses, which rose 0.3% […]
Futures rise after Wall St selloff; tariffs, inflation data in focus – Yahoo Finance
(Reuters) – U.S. stock index futures rose Wednesday, stabilizing after volatility in the previous session as investors assessed the impact of President Donald Trump's protectionist tariffs on basic metal imports and looked at key inflation reports. He said Trump's 25% obligation to all steel and aluminum imports, which he announced last month, has come into […]
‘Buy Canada’ Pressure Builds on $1.6 Trillion in Pension Cash – Yahoo Finance
According to analysts at the Royal Bank of Canada, the country's economy is poised to be “slower than the US” this year. However, pension cash alone cannot boost Canadian property, some argue. Charles Emond, chief executive of Quebec's fund, noted that when it comes to putting Canadian retirement savings in work, he would “go in […]
Futures edge higher after Wall St selloff, jobs data awaited – Yahoo Finance
(Reuters) – U.S. stock index futures occurred ahead of Jobs data later that day, following the biggest day decline of Wall Street's major indexes in the previous session this year. At 05:34 AM ET, the Dow E Minis rose 134 points, 0.32%, the S&P 500 E-MINIS rose 23 points, 0.41%, and the Nasdaq 100 E-Minis […]
Asian Equities Poised for Weak Open, Futures Drop: Markets Wrap – Yahoo Finance
(Bloomberg) – Equity and Treasury yields fell Monday as concerns over the US economy put a strain on investors' appetite for risk. Most of them read from Bloomberg Asian stocks fell as S&P 500 stock futures contracts fell 0.4% and technological NASDAQ 100 stocks fell 0.4%. The Treasury slid beyond maturity as investors sought the […]
Trump signs order to establish strategic bitcoin reserve – Yahoo Finance
By Nandita Bose and Jasper Ward WASHINGTON (Reuters) – US President Donald Trump has signed an executive order to establish strategic preparations for cryptocurrency using tokens already owned by the government, disappointing some of the markets who wanted solid plans to buy new tokens. The announcement came on Thursday ahead of a meeting with Crypto […]
Palantir Upgraded by William Blair as Valuation Concerns Ease, Government Contracts in Focus – Yahoo Finance
William Blair upgraded Palantir (PLTR, Financials) Decreased market performancecites a more attractive rating after a significant decline in the company's stock price. The investment company has admitted that recent waterfalls have strengthened Palantir's risk compensation profile but did not set price targets. Over the past three weeks, Palantir shares have fallen from $125 per share. […]
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say – Yahoo Finance
WASHINGTON (AP) — The IRS is drafting a plan to cut the workforce by half through a mix of layoffs, attrition and incentive acquisitions, according to two people familiar with the situation. People spoke on condition of anonymity Tuesday. Because they were not allowed to disclose the plan. Layoffs are part of that The Trump […]