The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.
History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two ...
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of ...
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the ...
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data ...
The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or ...
The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to ...
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like ...
NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments ...
The pound was at USD1.2241 late on Thursday in London, flat compared to USD1.2243 at the equities close on Wednesday. The euro stood at USD1.0305, higher against USD1.0293. Against the yen, the dollar ...
Stocks traded lower Thursday, with the S&P 500 on pace to end a three-day winning streak, as big tech shares pulled back.
Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal ...