Tag Archives: Stalls

(Bloomberg) — The stock market lost steam near record highs as traders braced for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates. Most Read from Bloomberg Wall Street is also keeping a close eye on how the market absorbs heavy Treasury and corporate sales amid month-end positioning. US yields rose after Monday’s auctions of two-year and five-year government notes. Meantime, blue-chip companies are expected to sell… Source link

Have you driven a Prius lately? In the past that wasn’t question usually met with a positive response. But the all-new, fifth-generation 2023 Toyota Prius hybrid may change, at least from the looks point of view. Gone is the boxy, wedge-shaped body with snout nose and staid hatchback design; now it’s sporty, with a longer front end, sedan-like low profile roof design, and something akin to a Tesla Model Y-like hatch. Toyota (TM) says the Prius will have three powertrains, two “mild”… Source link

A Google product that pays publishers to feature their content is almost a year behind its intended launch schedule in the U.S., as negotiations with some media outlets have bogged down, people familiar with the situation said. Google News Showcase allows publishers to curate panels of related stories that appear on Google News and some other Google platforms. Links bring readers to news organizations’ websites and, in some cases, allow users free access to normally paywalled content. Source link

Home price growth in the U.S. paused in the final month of 2021, but the full year logged in record gains. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted an 18.8% annual gain in December, unchanged from November. The 20-City Composite posted an 18.6% annual gain, up from 18.3% a month earlier. The 20-City results were higher than analysts’ expectations of an 18% annual gain, according to Bloomberg consensus estimates. “For the year,… Source link

(Bloomberg) — Gold slipped after finishing strongly last week, with UBS Group AG warning investors to rethink their bullion holdings as the global economy recovers and the greenback strengthens into next year. Bullion had been clawing back some ground over the past week after better-than-expected U.S. jobs data sent prices tumbling on bets the Federal Reserve may start paring back massive monetary stimulus soon. This week, investors will parse through a speech by Chair Jerome Powell, as well… Source link

Bloomberg Asia Stocks Bounce, U.S. Futures Dip; Dollar Flat: Markets Wrap (Bloomberg) — Asia stocks bounced after U.S. equities rallied, snapping a two-day drop with gains by companies that stand to benefit the most from an economic revival. The dollar stabilized.Japan outperformed, while Australia, South Korea and China had more modest gains. U.S. futures edged lower. Earlier, most major groups in the S&P 500 rose, with raw-material, energy and financial shares leading the charge. The… Source link