Key Points
NEW YORK (Reuters) -U.S. stocks gained ground on Thursday and benchmark Treasury yields moved higher after robust U.S. labor market data weakened bets that the Federal Reserve would begin lowering its key policy rate as early as March...
A report from the Labor Department showed initial claims for unemployment benefits slid to their lowest level since Sept. 2022, casting further doubt as to whether the U.S. central bank will cut its Fed funds target rate at the conclusion of its March policy meeting...
So youve got both bullish and bearish investors coming off the sidelines, really focused on the economic data, knowing that thats really going to drive Fed policy in 2024, Bassuk added...
The Dow Jones Industrial Average fell 14.49 points, or 0.04%, to 37,252.18, the S&P 500 gained 21.92 points, or 0.46%, to 4,761.13 and the Nasdaq Composite added 162.34 points, or 1.09%, to 15,017.97...
European shares gained ground, boosted by upbeat earnings as investors looked to the release of the European Central Banks policy meeting minutes expected later in the day...
You might be interested in
Stocks, US yields climb after inflation data
13, Mar, 24By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks advanced on Tuesday along with Treasury yields after data showed U.S. inflation remained sticky in February, indicating the Federal
Wall St ends higher, Treasury yields climb as robust data bolster soft landing bets
19, Jan, 24By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied on Thursday as robust labor market data offered the latest evidence of U.S. economic strength despite the fact that it could prompt the Federal
Asian stocks slide as hawkish Powell comments weigh
10, Nov, 23By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell to their lowest in a week on Friday, while the dollar was firm as elevated Treasury yields weighed on sentiment after hawkish comments from
Gold advances as yields weaken ahead of Fed verdict
13, Dec, 23By Anushree Ashish Mukherjee (Reuters) - Gold extended gains on Wednesday, as subdued Treasury yields boosted the bullion's appeal, while investors awaited the outcome of U.S. Federal Reserve's
Stocks slip as China slumps, US yields climb on Fed expectations
08, Oct, 24By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks slipped on Tuesday after details over China's stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and
US stocks: Wall Street ends higher; investors await earnings, Fed cues
18, Apr, 23International Business News: The Dow Jones Industrial Average rose 100.71 points or 0.3% to 33,987.18. The S&P 500 climbed 13.68 points, or 0.33%, to 4,151.32, and the Nasdaq Comp
Stocks, US yields fall as investors gauge economic sturdiness
06, Dec, 23By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was poised for a second straight decline and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path
Gold retreats to three-week low in run up to US inflation data
08, Jan, 24By Anushree Ashish Mukherjee (Reuters) - Gold prices fell to a three-week low on Monday, pressured by dollar strength and elevated Treasury yields as expectations for an imminent Federal Reserve rate
Stocks gain slightly, dollar rises against yen after BoJ decision
24, Jan, 24By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI'S global equities index gained very slightly as investors digested a mixed crop of earnings reports and waited for key economic
S&P 500 nabs record closing high, Treasury yields dip
20, Jan, 24By Stephen Culp NEW YORK (Reuters) - Tech shares helped power the S&P 500 to its first record high close in two years on Friday to confirm a bull market, while European stocks registered weekly