The stock market rallied following pleasing inflation data in the form of the December Consumer Price Index (CPI) report. The S&P 500 (+1.8%) traded above its 50-day moving average (5,957) at its ...
Today's trade was mixed following yesterday's CPI-induced surge. The Nasdaq Composite underperformed its peers, dropping 0.9%, while the Dow Jones Industrial Average (-0.2%) and S&P 500 (-0.2%) traded ...
The stock market started the week on a mixed note. The Nasdaq Composite (-0.4%) closed lower, clipped by losses in the mega cap space, while the S&P 500 (+0.2%), Russell 2000 (+0.2%), and Dow Jones ...
The stock market had a mixed session at the index level, but the vibe under the surface was positive. Market participants were reacting to the cooler-than-expected inflation data released at 8:30 ET, ...
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[BRIEFING.COM] Major equity indices registered significant declines today, driven by a surge in market rates following the release of this morning’s labor market data. The S&P 500 fell 1.5% and the ...
U.S. Treasuries have risen off lows that were reached after the release of the December jobs report with longer tenors recovering the biggest chunk of their post-data losses while the 2-yr note ...
[BRIEFING.COM] Today's trade features a negative bias. Decliners lead advancers by a 9-to-2 margin at the NYSE and by a 4-to-1 margin at the Nasdaq. Rising rates remain top of mind for participants ...
The December employment report was quite good (all things considered). Nonfarm payrolls increased by a stronger-than-expected 256,000, the unemployment rate slipped to 4.1% from 4.2%, average hourly ...
U.S. Treasuries have retreated from their intraday highs, lifting yields on the 5-yr note and shorter tenors toward their highest levels of the day while the 30-yr yield is a bit closer to its pre-NFP ...
It was a choppy session in the stock market. Participants were dealing with rising rates (10-yr yield hitting 4.73% at its high), volatile mega caps, and some economic releases. Ultimately, the S&P ...