US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average … Read more
Tech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the US to England and Japan. Equities rebounded from a recent pullback, with megacaps outpacing the broader market. Alphabet Inc. jumped as Bloomberg News reported Apple Inc. is in talks to build Google’s Gemini … Read more
The world’s biggest bond market sold off after another hot inflation report reinforced bets the Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness. Treasury yields climbed and stocks retreated as the data underscored the Fed’s challenges in achieving its 2% inflation goal. … Read more
The stock market managed to rebound after the latest inflation figures did little to alter bets the Federal Reserve will cut rates this year — even if it keeps a more cautious stance for now. Following a series of twists and turns, the S&P 500 pushed decidedly higher. Notwithstanding the fact that the consumer price … Read more
US stock indices surged on Tuesday after the release of inflation data. At 10:30 a.m. Eastern time, the Dow Jones Industrial Average was up 215 points, or 0.6 per cent, the S&P 500 was 0.8 per cent higher, and the Nasdaq composite was 1 per cent higher. US inflation rose for a second straight month … Read more
US stocks declined on Tuesday ahead of a slew of economic data and Federal Reserve chair Jerome Powell’s congressional testimony. At 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down 182 points, or 0.5 per cent, the S&P 500 was 0.5 per cent lower, and the Nasdaq composite was 0.9 per cent lower. … Read more
Stock Market Today: Dow, S&P Live Updates for March 6 Bloomberg Source link
To get John Authers’ newsletter delivered directly to your inbox, sign up here. It’s still impossible to have any conversation about markets without being asked whether a bubble is already inflating. So let’s return to the topic, yet again. And to be clear about the terms, we’re not asking whether the market is too cheap, … Read more
Venezuela set new conditions for elections this year, flouting a US-brokered agreement and potentially triggering tougher sanctions by Washington. The changes could bring forward the date of vote and weaken guarantees of international monitoring, according to the definitive document with the proposals. President Nicolás Maduro’s government signed the new deal during a meeting with allies … Read more
Stock Market Today: Dow, S&P Live Updates for February 15 Bloomberg Source link