Wall Street extended its rally Tuesday, shrugging off warnings from policymakers trying to rein in expectations for Federal Reserve rate cuts. The Nasdaq 100 set another all-time high while the S&P 500 added 0.6%, fast approaching the benchmark’s record peak. The blue-chip Dow Jones Industrial Average also hit a fresh record. Atlanta Fed President Raphael … Read more
Stock Market Today: Dow, S&P Live Updates for Dec 18 Bloomberg Source link
Wall Street is gearing up for what’s expected to be the most-important Federal Reserve decision of the year, with traders awaiting any signals on whether the market’s aggressive dovish bid is now overdone. Stocks, bonds and the dollar saw mild moves amid bets the Fed will hold rates Wednesday and try to put a lid … Read more
Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession. Yields dropped across the US curve as job openings hit the lowest since March 2021. Concerns about markets being too fast in anticipating Fed easing have recently … Read more
Wall Street turned a blind eye on Jerome Powell’s attempt to curb bets on rate cuts, with stocks and bonds climbing on speculation the Federal Reserve will stay put this month and ease policy in 2024. While the Fed chief said officials are ready to hike further if needed, he also noted policy is “well … Read more
Stock Market Today: Dow, S&P Live Updates for Nov 27 Bloomberg Source link
Stock Market Today: Dow, S&P Live Updates for November 22 Bloomberg Source link
Ashurst’s regular briefing on the evolving risk of greenwashing and how to manage it. Welcome to the second issue of Greenwatch, where we look at the risk of greenwashing – and how companies can mitigate it. The European Union leads the way in “green” regulation – its innovative policies affect corporate behaviour beyond the EU’s … Read more
Stocks climbed while bond yields tumbled as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the next move will be a rate cut next year. The S&P 500 rose nearly 2%, the most since April. Tesla Inc. led gains in megacaps and Nvidia Corp. rallied for … Read more
Stock Market Today: Dow, S&P Live Updates for Nov. 6 Bloomberg Source link