The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading near 4.8% as US bonds sold off. Meanwhile, the dollar ( DX-Y.NYB) surged to a two-year high against major ...
The stronger-than-expected December jobs report spelled trouble for small-cap stocks, according to strategists at Bank of America Global Research. Economists at Bank of America Global Research said ...
Consumer sentiment is still good, as “consumers are continuing to work down the excess savings they built up during the pandemic,” he said. Dwindling savings is being offset by wage and salary growth, ...
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Wall Street analysts are rethinking their interest rate forecasts after December's unexpectedly strong jobs report shattered ...
Asian and European markets slid Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally ...
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
World stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation ...
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
To be clear, this is not to say we’re on the precipice of a recession. Rather, it’s just acknowledgement and recognition that it has gotten harder to argue that growth is destiny.
A red-hot jobs report means that interest rate cuts aren't coming, and a hike could be next. Here's what strategists say is ...