The stock market indexes surged on a tame CPI inflation report, reclaiming key levels. Tesla, Meta led a slew of new buys.
Boosting the market was renewed hopes of a rate cut in June, which surged after the consumer price index trended lower in December.
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...
Forty years ago, I worked for a large, privately-owned and well-known company for about 10 years, and I received a notice from the Social Security Administration that I may be eligible for retirement ...
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
We recently compiled a list of the Jim Cramer Discusses Joe Rogan, Elon Musk, And These 13 Stocks. In this article, we are ...
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
"It's good news," said Kathy Jones, chief fixed income strategist at Schwab Center for Financial Research. But without a plunge in CPI, which the latest report pegged at 2.9% on a yearly basis, or ...
Australian shares are set to open lower, in line with losses on Wall Street. Global bond yield steadier. Iron ore tops $US100 ...
Stocks closed mixed on Monday, with Big Tech names paring losses as the dollar and bond yields climbed amid fading hopes for ...
Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...
"The S&P 500 is a different animal than in prior cycles," Bank of America's Savita Subramanian said in a note Friday.