Tag Archives: Wrap

[unable to retrieve full-text content]S&P 500 Suffers Its Longest Slide Since January: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]Wall Street Selloff Goes Global Amid US Rate Angst: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]US Yields Spike as S&P 500 Trims Gains by Half: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]S&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks Fall on Fears Rate Cuts Will Be Delayed: Markets Wrap  Yahoo Finance Source link

(Bloomberg) — The yen fell after the Bank of Japan brought an end to the world’s last negative interest-rate policy and emphasized that financial conditions will remain easy. Most Read from Bloomberg The BOJ’s first hike in 17 years had been widely expected and Governor Kazuo Ueda struck a neutral tone at a news conference, saying there’s still a chance its inflation goal will not be hit. While the central bank scrapped its yield curve control program, it also pledged to keep buying… Source link

(Bloomberg) — Stocks struggled to maintain momentum in the wake of another record-breaking session on Wall Street, as a rally in Europe took a breather despite dovish comments from policy makers. Most Read from Bloomberg Futures on the S&P 500 and Nasdaq 100 were little changed after the indexes clocked up gains of more than 1% in the wake of an inflation reading that did little to alter traders’ conviction that the Federal Reserve will shift to cutting interest rates this year. Treasury… Source link

(Bloomberg) — Stocks came under pressure as a trio of tech heavyweights fell, with traders wading through mixed economic data in the run-up to Jerome Powell’s testimony to Congress. Most Read from Bloomberg Equities lost traction after a rally that has spurred concern about sky-high valuations — especially in megacaps, leaving the group vulnerable to big moves in the face of bad news. Apple Inc.’s iPhone woes in China deepened while Advanced Micro Devices Inc. hit a US roadblock in… Source link

(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

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Most Read from Bloomberg Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap traders ratcheted down their expectations for a central bank cut before July. The stock market’s… Source link