stock market
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PublishedJune 29, 2023
Stocks rise and bond yields jump after the latest signs of a resilient economy
Yields jumped in the bond market after data showed the U.S. economy grew at a 2% annual rate in the first three months of the year, much stronger than the 1.3% rate earlier estimated.
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PublishedJune 29, 2023
Fed traders jack up bets on 2 hikes by year-end
Bonds sold off across the curve, with 2-year yields jumping 15 basis points to 4.86%. Swap markets now indicate a nearly 50% chance of a second Fed increase by year-end.
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PublishedJune 16, 2023
Wall Street’s best week since March comes to quiet close
A closely watched survey suggests consumers are paring back their expectations for upcoming inflation.
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PublishedJune 12, 2023
S&P 500 hits highest level in over year
The U.S. stock market is cruising on hopes the economy may avoid a recession and the Fed may soon take it easier on its hikes.
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PublishedJune 2, 2023
Wall Street leaps, nearly escapes bear market
Traders are largely expecting the Fed to hold interest rates steady at its next meeting in 2 weeks.
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PublishedMay 22, 2023
What it would mean for the global economy if the U.S. defaults on its debt
A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.
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PublishedApril 5, 2023
Stocks mostly slip after latest signs of slowing economy
Weaker-than-expected reports on the health of U.S. services industries and the job market send bond yields lower, too.
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PublishedApril 4, 2023
Wall Street snaps winning streak after weak economic data
Tuesday's reports on job openings and factory orders may have heightened recession fears.
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PublishedMarch 24, 2023
Wall Street rallies, marking 2nd winning week in a row
Still, much of the focus is on Deutsche Bank, whose stock tumbled 8.5% in Germany.
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PublishedMarch 16, 2023
Stocks rally after battered First Republic gets a lifeline
This week has been a whirlwind for markets globally on worries that banks may be bending under the weight of the fastest set of hikes to interest rates in decades.
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