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S&P 500 Nears Record Highs On Hot Jobs Data: Dollar, Treasury Yields Surge As Aggressive Interest Rate Cut Hopes Fade
Hotter-than-expected jobs report boosts Wall Street premarket rally, signaling strong consumer spending, complicating Fed's inflation efforts. Read More
Stocks and bond yields tumble and oil prices spike as Mideast tensions flare
Crude oil spiked more than 3% to intraday highs on speculation the conflict will limit production. Traders also piled into safe-haven assets, sending gold up more than 1%. Meanwhile, the 10-year ... Read More
Dow logs record high as stocks rise, Treasury yields jump after strong jobs data
U.S. stocks rallied Friday on fresh signs of a strong labor market, with the Dow Jones Industrial Average ending at a record peak while the bond market dialed back recession fears. Read More
Stocks Rally On Hot Jobs Report—But Here’s Why It’s Not All Roses For Investors
The Dow Jones Industrial Average rose as much as 0.7%, or 300 points, the S&P 500 climbed as much as 0.8% and the tech-heavy Nasdaq bounced as much as 1.2% and the small-cap Russell 2000 surged 1.6% ... Read More
Market calm yields to stocks surge as investors cheer Fed rate cut
NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S. stocks ... by weekly jobs data showing continued ... Read More
Morning Bid: Stocks Calmed as Action Switches to Rates, Jobs
U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take ... update described the jobs market as "generally flat to ... Read More
Stocks Climb on Chip Stock Strength and Lower Bond Yields
Today, the strength of chip stocks is lifting the overall market. Also, a decline in bond yields today supports ... for bonds and stocks after today’s news showed the US Aug import price ... Read More
Why Bank Stocks Got Hit Hard Today
The comments from President and COO Daniel Pinto helped push JPMorgan shares 5.2% lower. Earlier in the year, CEO Jamie Dimon suggested to investors that he thinks the bank's stock is overvalued. Read More
Stock Market Today: Stocks Extend Slide Amid Cooling Labor Market
A softer-than-expected reading on the labor market just days ahead of the monthly jobs report weighed ... for an acquiring company's stock to drop on deal rumors or news, so this doesn't ... Read More
Stocks Gain on Economic Optimism and Lower Bond Yields
Positive corporate news is supporting ... today knocked bond yields lower and were supportive of stocks. San Francisco Fed President Daly said recent US economic data has given the Fed "more ... Read More
Battery Maker Northvolt to Cut Jobs Amid Cooling EV Market
STOCKHOLM—Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools. Read More
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