Long-term bond ETF deepens losses as 20-year Treasury yield climbs to 5%
A popular exchange-traded fund that investors in long-term Treasurys was under pressure Wednesday, deepening its losses so far in January after dropping in 2024. The iShares 20+ Year Treasury Bond ETF ...
Treasury's $22 billion 30-year bond auction is met with good results
Wednesday afternoon's $22 billion sale of 30-year Treasury bonds produced above-average bidding by nondealers and produced a stop-through of 0.8 basis points in a sign of good demand. The auction was ...
Catalyst Pharmaceuticals Jumps 14% on Firdapse Settlement With Teva
Shares of Catalyst Pharmaceuticals rose as the company reached a settlement agreement with Teva Pharmaceuticals related to Teva's plans for a generic version of Firdapse 10 mg tablets. Catalyst stock ...
Breakeven inflation rates are moving further above 2% as yields keep rising
Wednesday's rise in long-dated Treasury yields is being accompanied by a jump in breakeven inflation rates, suggesting the bond-market moves are being driven at least in part by the outlook for future ...
All three major stock indexes head lower as yields keep climbing
All three major U.S. stock indexes gave up brief gains on Wednesday to trade lower again, with the Dow Jones Industrial Average headed for what may be a third straight day of declines amid a continued ...
Can AMD gain ground on Nvidia? This new bear sees a tough road ahead.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously ...
Catalyst Pharmaceuticals in Settlement With Teva of Firdapse Patent Litigation
Catalyst Pharmaceuticals and its licensor SERB entered into a settlement agreement with Teva Pharmaceuticals resolving patent litigation brought by Catalyst and SERB in response to Teva's plans for a ...
Nymex Overview: Petroleum Futures Pull Back After Bearish Inventory Report -- OPIS
The declines come as energy prices also face headwinds from a strong dollar, which remained near a 52-week high against a basket of foreign currencies on the U.S. Dollar Index. A stronger U.S.
Albertsons Raises Outlook as 3Q Sales Rise -- Update
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Investors increasingly focused on elevated valuations: Nationwide
Investors appear to be zeroing in on a trio of factors that are becoming a headwind for stocks: elevated valuations, a rebound in inflation pressure and uncertainty over President-elect Donald Trump's ...
eBay Shares Rise 11% on Meta's Move to Test eBay Listings on Facebook Marketplace
Shares of eBay climbed Wednesday after Meta Platforms said it would let users browse eBay listings on Facebook Marketplace amid pressure from the European Union. The stock was up 11% to $70.33. Shares ...
Toronto Stocks Edge Higher After Two Days of Losses
In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 0.3% higher at 25013.25 as finance and retail stocks led the push, countering weakness in the technology sector. The index ...