All three main equity benchmarks opened in the green but closed in the red on Tuesday as hot incoming economic data has market participants paring their rate-cut bets ahead of the Federal Open Market Committee’s next policy meeting on January 28-29. The yield on the 10-year U.S. Treasury note rose to 4.691%, its highest level […]
Here’s a short piece from the friend of the blog David Taylor. Millions of mortgage borrowers will be eagerly awaiting the release of key inflation data out later today. The Bureau of Statistics’ Monthly inflation gauge will show if any further progress has been made in bringing underlying inflation back to where the Reserve Bank […]
NEW YORK (AP) — Good news on the U.S. economy isn’t always good for Wall Street, and the stock market is sinking Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 swung to a loss of 0.7% after giving up an earlier gain. The Dow Jones Industrial Average was down […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is co-founder and co-chair of Oaktree Capital Management and author of “Mastering the Market Cycle: Getting the Odds on Your Side” Many investors these days are on heightened alert for asset price bubbles, […]
Indexes rose Thursday, boosted by a rally in chip stocks. Nvidia rose 3% to a fresh high after CEO Jensen Huang unveiled a new set of AI products at the CES tech conference. Shares of Micron also rose on the fresh AI hype. Stock indexes gained Tuesday as chip darling Nvidia edged toward record highs […]
US stock market closure details Major US exchanges including the NYSE and Nasdaq 100 will fully close their equity and options markets on 9 January, observing a National Day of Mourning. The bond market will operate on a shortened schedule, closing early at 2:00 PM Eastern Time (ET) rather than its usual 4:00 PM ET […]
Stocks rose early Tuesday as the S&P 500 and Nasdaq Composite look to extend their winning streaks to three straight sessions. The Dow Jones Industrial Average and S&P 500 were up 0.4% in the opening minutes of the session, while the Nasdaq Composite added 0.3%. The S&P 500 and Nasdaq posted solid gains to start […]
Bond market liquidity was so 2010s. Nowadays, stock market concentration is the new trendy bugbear of finance. Worries are understandable. After all, it’s hard not to feel at least a little bit uneasy about the phenomenon, which is remarkable across three dimensions: size (big is better than small); industry (tech über alles) and geography (America […]
US stock futures held steady on Tuesday as cautious investors weighed Nvidia’s (NVDA) big AI plans and puzzled over tariff prospects, with fresh jobs data on deck. Contracts on the S&P 500 (ES=F) were up 0.1%, holding near tech-fueled prior-session gains. Dow Jones Industrial Average futures (YM=F) inched higher by 0.2%, while those on the […]
How are stock-index futures trading: S&P 500 futures are up 0.01%. Dow Jones Industrial Average futures are adding 0.01%. Nasdaq 100 futures are off 0.05%. On Monday, the Dow Jones Industrial Average fell 26 points, or 0.06%, to 42,707, the S&P 500 increased 33 points, or 0.55%, to 5,975, and the Nasdaq Composite gained 243 […]