Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
Treasury yields edged lower after Federal Reserve governor Christopher Waller said that it is “reasonable” to think that the central bank could cut interest rates in the first half of the year. The move came after the 10-year yield tumbled Wednesday to ...
US stock futures rose Thursday, lifted by a fresh slew of earnings releases and a revival of Federal Reserve policy-easing bets.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC,
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller.
The S&P 500, Nasdaq 100, and Dow Jones Industrial Average all gained ... fueled further this week by Federal Reserve Governor Christopher Waller, who told CNBC on Thursday that interest rates ...
Dow Jones Industrial Average futures climbed 80 points, or 0.2%. Contracts tied to the S&P 500 and Nasdaq 100 were also up 0.2%. Bond yields were retreating again after Waller boosted the market ...
Investors are coming off a strong session after a moderate improvement in core inflation in December’s consumer price index spurred a risk-on rally.
Christopher Waller. The Nasdaq Composite was down 0.1%. The Dow was down 82 points, or 0.2%, but that was because of UnitedHealth Group’s 4.7% slide, which shaved 155 points off the blue-chip index.
Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a possibility of three to four reductions this year.
The Fed’s preferred inflation gauge, the personal-consumption-expenditures price index, rose 2.4% in November from a year earlier. Excluding volatile food and energy, the gauge rose 2.8%.
Bitcoin pulls back from record after president makes no mention of crypto in inauguration speech Things left unsaid during Donald Trump's presidential inauguration speech and accompanying festivities Monday appeared set to give U.
History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two standard deviations, which would currently be equal to around 60 basis points, or 0.6 percentage points, in a month, they found (see chart below).