What the Fed’s biggest rate hike in decades means for the bear market in bonds
Historically bad. That’s how the mammoth $ 53 trillion US fixed-income market has performed this year as the Federal Reserve works to curtail high inflation […]
Economic News
Dow Closes Below 30000 as Post-Fed Rally Reverses
US stocks tumbled Thursday, with the Dow Jones Industrial Average closing below 30000 for the first time since January 2021 as volatility continued to rock […]
Stock Market Opens Lower as Post-Fed Rally Fades
US global stock indexes slumped, suggesting Wall Street’s post-Fed meeting rally isn’t set to last. The S&P 500 dropped 2.5% in early trading Thursday, a […]
Why stocks and bonds went into relief-rally mode after Fed’s jumbo rate hike
Financial markets suffered an absolute bloodbath in the days leading up to Wednesday’s Federal Reserve decision, with stocks plunging and bond yields soaring in the […]
US Stocks Rise Ahead of Fed Rate Decision
The S&P 500 climbed 0.9%. The Dow Jones Industrial Average added 113 points, or 0.4%, to 30478, and the Nasdaq Composite rose 1.4%. The Federal […]
S&P 500 Poised for Bear-Market Territory as Stock Futures Drop
The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled […]
US Stocks Open Lower as Inflation Persists
The S&P 500 fell 1.5% shortly after the opening bell. The Dow Jones Industrial Average declined 483 points, or 1.5%, and the Nasdaq Composite dropped […]
Stocks Edge Up Despite Retail Worries
US stock indexes ticked higher Tuesday, reversing earlier losses after a profit warning from Target cast a pall over the retail sector. The S&P 500 […]
Stock Market Rises After Weekly Loss
US stocks rose on Monday, at least temporarily changing direction after more than two months of volatility and losses. The S&P 500 climbed 0.7% in […]
Stock Market Today: Dow Falls, Salesforce Gains, Amazon Rises
The stock market dropped Wednesday following still-strong economic data and the start of the Federal Reserve’s “quantitative tightening.” The Dow Jones Industrial Average fell 177 […]