December 14, 2023 Fed holds rates and eyes 2024 cuts, stocks and bonds jump – what’s moving markets The Federal Reserve leaves interest rates unchanged following its final two-day policy meeting of 2023. However, officials hinted that they may start to roll out cuts next year, fueling a […]
November 16, 2023 Bitcoin’s (BTC) Jump to $37,000: Here’s What Happened Recently the biggest cryptocurrency by market capitalization, reached $37,987 in Wednesday’s trading session, nearing a one-week high. So far this year, it has increased by almost 125%. Bitcoin (BTC) and numerous altcoins […]
November 15, 2023 U.S. stocks jump after optimistic inflation report; Target beats Street U.S. stocks were rising after another set of optimistic data showing inflation is cooling as major retailer Target beat expectations. At 11:03 ET (16:03 GMT), the Dow Jones Industrial Average was up 163 points […]
November 2, 2023 U.S. stocks jump after the Fed held rates steady; Treasury yields fall U.S. stocks were rising and Treasury yields were falling as investors bet that the Federal Reserve is done raising interest rates after holding the benchmark rate steady for the second […]
October 3, 2023 Dow sheds nearly 500 points as yields jump. S&P, Nasdaq also tumble. The S&P 500 fell Tuesday as data showing surprise strength in the labor market, stoked further concerns about higher Federal Reserve interest rates, pushing Treasury yields to the highest levels […]
September 13, 2023 U.S. inflation accelerates to 3.7% in August amid jump in gas prices U.S. consumer prices accelerated by more than expected on a yearly basis in August, as a sharp uptick in gas prices contributed to lingering inflationary pressures in the world’s largest […]
September 6, 2023 U.S. trade deficit widens in July as imports and exports jump U.S. exports rise for first time in four months The numbers: The U.S. international trade deficit widened 2% in July to $65 billion, the Commerce Department said Wednesday. Economists surveyed by […]
August 26, 2023 Stock market today: Dow in second weekly loss despite ending higher as yields jump Investing.com — The Dow posted a second-weekly loss despite closing higher Friday as tech rebounded following a dip intraday after Federal Reserve chairman Jerome Powell signaled there was still more […]
August 26, 2023 Stock market today: Dow in second weekly loss despite ending higher as yields jump Investing.com — The Dow posted a second-weekly loss despite closing higher Friday as tech rebounded following a dip intraday after Federal Reserve chairman Jerome Powell signaled there was still more […]
August 24, 2023 Home-builder ETFs jump after data show new-home sales rose in July despite high mortgage rates Exchange-traded funds that buy shares of home builders swung higher after fresh data on Wednesday showed new-home sales in the U.S. climbed by more than anticipated in July. The SPDR […]
August 10, 2023 U.S. stocks jump after better-than-expected inflation report Investing.com — U.S. stocks are surging after data showed that U.S. annual inflation accelerated by less than expected in July. By 11:28 ET (15:28 GMT), the Dow Jones Industrial Average was up […]