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 […]
financial market news
Bitcoin’s Price Falls Below $ 20,000
The price of bitcoin has fallen below the key psychological level of $ 20,000 as a brutal selloff in cryptocurrencies deepened. Bitcoin fell momentarily to […]
US Stocks Wobble as Volatile Trading Persists
US stocks wavered Friday, with major indexes extending the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 was recently […]
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 […]
Bitcoin Price Dips Below $ 21,000 as Crypto Firms Announce Layoffs
The price of bitcoin continued to fall Tuesday as the crypto industry struggles with fallout from the extended selloff. Bitcoin traded as low as $ […]
Tesla’s ‘strong competitive advantage’ earns stock an upgrade
Tesla Inc. is set up well in both the short term and the long run, according to an RBC Capital Markets analyst, who just turned […]
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 […]