Oil futures popped higher Sunday evening, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked…
Read more Oil prices jump after drone attack kills U.S. troops, escalating Mideast crisisThe former bond king doesn’t like the fixed-income security that’s the lynchpin of the financial world. Bill Gross, the retired fund manager and co-founder of Pacific Investment Management,…
Read more The former bond king, Bill Gross, says 10-year Treasury is ‘overvalued’Stock investors have gotten off to a wobbly start to the new year, hobbled by shifting expectations on the timing and extent of Federal Reserve interest-rate cuts in…
Read more Why stock-market investors will remain at mercy of shifting rate-cut expectations after wobbly start to 2024Speculation that the 60-40 portfolio may have outlived its usefulness has been rife on Wall Street after two years of lackluster performance. But as the yield on the…
Read more Why the 60-40 portfolio is poised to make a comeback in 2024Wall Street seems to agree that U.S. stocks will climb to fresh record highs in 2024. But the most important question for investors may still be the direction…
Read more How Fed rate moves could impact different sectors of the stock market in 2024Yields on 3-month BX:TMUBMUSD03M and 6-month BX:TMUBMUSD06M Treasury bills have been seeing yields north of 5% since March when Silicon Valley Bank’s collapse ignited fears of a broader…
Read more Fed could be the Grinch who 'stole' cash earning 5%. What a Powell pivot means for investors.It has been a record day for 10% of the S&P 500. A group of 51 stocks in the benchmark equity index swept to record finishes on Tuesday,…
Read more S&P 500's year-end rally lifts 51 stocks to a record closeU.S. stocks opened mixed on Tuesday as investors weighed a reading on inflation that was largely in line with economists’ forecasts. The Dow Jones Industrial Average DJIA, +0.35%…
Read more U.S. stocks open mixed as investors weigh fresh data on inflationThe rally lifting U.S. stocks to fresh 2023 highs in the year’s home stretch could be at risk if the Federal Reserve on Wednesday crushes expectations for interest-rate…
Read more This week's Fed meeting could slam brakes on year-end stock rallyU.S. stocks closed higher on Friday, shaking off earlier weakness after a strong monthly jobs report, to clinch a sixth straight week in a row of gains. The…
Read more S&P 500 ends at 2023 high, books longest weekly win streak in 4 yearsNovember’s sharp pullback in 30-year fixed mortgage rates may not last if the labor market remains strong, said Mark Palim, deputy chief economist at Fannie Mae. Palim was…
Read more Mortgage rates' dip to 7% could be brief if jobs market stays strong, Fannie Mae economist saysU.S. stocks closed higher Friday, with the Dow Jones Industrial Average scoring its longest weekly winning streak since February 2019, as investors digested the latest job report. How…
Read more U.S. stocks end higher after job report, and Dow scores longest weekly winning streak since February 2019Financial conditions are now looser than in September, says economist Financial conditions in the U.S. are looser than in September, says economist. Getty Images The feel-good tone gripping…
Read more November's rally just erased two months of Fed tightening, economist saysA rally in the U.S. stock and bond markets in the past week defied the bears and fueled hopes for more gains to come by year-end and in…
Read more Why the U.S. economy isn't out of the woods as stock market soarsU.S. stocks powered higher on Friday, shrugging off tough talk from Federal Reserve Chairman Jerome Powell about it being too early to talk about rate cuts. The Dow…
Read more Dow posts highest close in nearly 2 years, equities extend rally to five straight weeksU.S. stocks posted modest gains on Tuesday, resuming a strong rally in November that has been propelled by tumbling U.S. bond yields. The Dow Jones Industrial Average DJIA…
Read more Dow Jones ends about 80 points higher as U.S. bond yields keep fallingBarring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says…
Read more Stock market is gaining momentum. What that means for December and beyond.Foreign investors dumped U.S. Treasury debt in September for the first time since May 2021, but it’s possible these sellers are already regretting it, according to one prominent…
Read more Foreign investors may have bailed out of Treasurys at exactly the wrong timeFinancial markets were jubilant over Tuesday’s data showing that U.S. consumer prices eased by more than expected in October, with Treasury yields plummeting on expectations the Federal Reserve…
Read more How financial conditions might play into Fed’s thinking after October’s CPIMany people like to feel at least a little bit of fright. That has been the whole point of Halloween for ages. The spooky traditions might even be…
Read more How stock-market investors can ride out a ‘fear cycle’ as S&P 500, Nasdaq fall into correction
