Have we already reached peak interest rates? After a CPI release that shows inflation running less hot than expected, the yield on 10-year Treasuries is plummeting. Yields now stand at 4.65%, a nearly 3% drop from yesterday.
U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week, boosting expectations that the Federal Reserve will maintain a hawkish stance for most of this year.
The S&P 500 climbed to a record as the bond market stays calm on Thursday. The post appeared first on TV News Check. The post Dow Climbs 408, Nasdaq Adds 44, S&P 500 Climbs 32 originally published on TV News Check.
Wall Street's major market averages rocketed higher on Wednesday, after a key inflation reading came in softer than expected, bolstering the case for further Federal Reserve interest rate cuts.   Following the release of the inflation data at 0830 ET,
Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.
The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S. Treasury yields stayed elevated with investors dialing back expectations on the pace of rate cuts from the Federal Reserve.
The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.
Wall Street drifted lower Thursday as momentum slowed for U.S. stocks. The post appeared first on TV News Check. The post Dow Drops 68, Nasdaq Sinks 173, S&P 500 Slips 13 originally published on TV News Check.
The S&P 500 and Nasdaq fell on Monday, with the benchmark S&P 500 index hitting a two-month low as U.S. Treasury yields stayed elevated with investors scaling back expectations on the pace of rate cuts from the Federal Reserve.
U.S. stocks declined on Monday, with the S&P 500 hitting a two-month low as bond yields surged following strong payroll data last week, reinforcing bets that the Federal Reserve will maintain a hawkish stance through most of the year.