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Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.
In the bond market, the yield on the 10-year Treasury slipped to 4.26% from 4.28% late Wednesday. It’s down significantly from its perch above 4.70% reached in April, which gives a strong boost ...
Here's what else happened today: How the LA wildfires will impact US growth and the labor market , Goldman Sachs says. Bitcoin could fall 17% from current levels once this key level is breached ...
Donald Trump rang the opening bell at the New York Stock Exchange on Thursday. One of Wall Street's biggest bulls sees the S&P 500 soaring 16% early next year before a sharp sell-off in the 2nd half
The labor market, on the other hand, appears to be a smaller source of stress for the Fed, but Powell said it's "prepared to adjust the pace and destination" of easing as the jobs data evolves.
Stocks added to records on Wednesday as traders took in strong earnings and looked ahead to more Fedspeak. Salesforce, Marvell Technology, and Dollar Tree rose higher after beating earnings estimates.
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. ... Stock market today: Indexes trade mixed as rally wavers ahead of key inflation data. Filip De Mott. December 10, 2024 at 9:57 AM.
China's bond market seems skeptical that recent stimulus will be enough to revive its economy. US homes are turning over at the lowest rate in 30 years, according to data from Redfin.