The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data to gauge the health of the economy, while Boeing dipped after issuing a quarterly profit warning.
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.
It revealed a disconnect between the FederalReserve’s recent monetary policy decisions and economic reality. The report showed stronger-than-anticipated job growth, causing substantial market ...
The Nasdaq 100 Index has nearly doubled since the start of 2023, adding $14 trillion in value in the process. Evercore ISI’s Rich Ross is prepared for that rally to continue, shrugging off fears of a familiar nemesis: rising bond yields.
U.S. stock index futures and bonds 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,
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.
Analysts from Bank of America Corp. and Wrightson ICAP LLC predict the department may reduce the cash it holds at the FederalReserve, a move that could decrease short-term debt issuance while ...
The major averages were mixed on Thursday, as Wall Street took a breather after a two-day advance post President Donald Trump's inauguration took the benchmark S&P 500 (SP500) to a new all-time intraday high.
Jan. 17, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, today announced it has received the approval of the FederalReserve to ...
The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is widely expected to hold interest rate steady thi