U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week, boosting expectations that the Federal Reserve will maintain a hawkish stance for most of this year.
The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S. Treasury yields stayed elevated with investors dialing back expectations on the pace of rate cuts from the Federal Reserve.
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core inflation reading supporting the view that the Federal Reserve should keep cutting interest rates.
Wall Street's major market averages rocketed higher on Wednesday, after a key inflation reading came in softer than expected, bolstering the case for further Federal Reserve interest rate cuts. Following the release of the inflation data at 0830 ET,
Those stock market gains were driven in part by expectations that the Federal Reserve will keep cutting interest rates. Lower rates boost the economy by encouraging spending, and higher rates slow ...
U.S. market averages extended gains on Friday, as market participants digested a busy first full trading week of 2025. Cooler-than-expected inflation data has set Wall Street on track for its best week since the election last year.
It revealed a disconnect between the Federal Reserve’s recent monetary policy decisions and economic reality. The report showed stronger-than-anticipated job growth, causing substantial market ...
The S&P 500 and Nasdaq fell on Monday, with the benchmark S&P 500 index hitting a two-month low as U.S. Treasury yields stayed elevated with investors scaling back expectations on the pace of rate cuts from the Federal Reserve.
Major U.S. equity averages finished higher Friday, leaving Wall Street with its best week since November, with stocks largely bolstered this week by cooler-than-expected inflation data. The benchmark S&P 500 (SP500) ended +1% at 5,
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. TipRanks is the most comprehensive data set of sell side ...
The VanEck Semiconductor ETF (NASDAQ: SMH), a sector benchmark, plunged from an all-time high above $280 to test crucial support near $200. This steep drop fueled fears of a prolonged downturn.