|Day's Range||2.86 - 2.89|
|52 Week Range||2.03 - 2.94|
The broader S&P 500 ended up 43.34 points, or 1.6%, at 2747.30, and the small-cap Russell 2000 19.20 points, or 1.25%, at 1549.19. For the week, the Dow closed up 0.36%, the S&P 500, 0.55%, the Russell 2000, 0.37%, and the Nasdaq, 1.35%. The story—as usual—was about inflation, interest rates, and the Federal Reserve.
Treasury prices rose, pulling yields lower, on Friday after the Federal Reserve, in a report to Congress, gave little indication it plans to raise interest rates more aggressively in 2018.
Bridgewater Associates founder Ray Dalio says he sees a growing chance of a recession as the U.S. enters a “pre-bubble stage.”
Markets moved higher this morning as the Federal Reserve’s latest statement on monetary policy was taken to ease worries about rising inflation and interest rates. The S&P 500 and the tech-heavy Nasdaq Composite were both up 0.9%, while the small-cap Russell 2000 index was barely changed. Bond yields tumbled, with the rate on the benchmark 10-year Treasury note falling 0.04 point to 2.87%.
The yield on the benchmark 10-year Treasury note will fly past 3 percent this year according to Bank of America Merrill Lynch.
The Dow Jones Industrial Average opened higher on Friday as the stock benchmarks attempted to shake off concerns about rising bond yields and inflation to finish the week on an uptrend. The Dow was up ...
Treasury yields dip Thursday, giving back some of the prior day’s advance that came after Federal Reserve minutes signaled more interest-rate hikes in the offing.
The technology-focused Nasdaq on Thursday marked its longest stretch of closes in negative territory since November of 2016, according to FactSet data. The Nasdaq Composite Index which had been trading ...
Gold futures settled slightly higher on Thursday amid softness in the U.S. dollar and a slight pullback in bond yields. April gold closed up 60 cents, or less than 0.1%, at $1,332.70 an ounce. The move ...
European stocks closed slightly lower on Thursday, after paring losses into close as U.S. stocks rebounded after upbeat data on the labor market.
The notion that the “bond vigilantes’ can impose some restraint on fiscal and monetary policy is a bad idea that should die, writes Caroline Baum.
U.S. debt yields held near multiyear highs after the Federal Reserve's latest minutes showed that the central bankers expect economic growth.
U.S. stock futures hinted at a weaker start for Wall Street on Thursday, as the market continued to digest the minutes of the January Federal Reserve meeting. Dow futures fell 114 points, or 0.5%, to 24,667, ...
U.S. government bond prices slid Wednesday, sending yields to fresh multiyear highs, after minutes from the Federal Reserve’s latest meeting struck some investors as being more hawkish than they had expected....
The Dollar recovery continued this morning as the markets take the latest FOMC meeting as hawkish when coupled with the latest wage growth and inflation figures out of the U.S. Stats out of the UK and the ECB minutes could provide some support for the GBP and EUR, though for now, the Green is Back.
The major U.S. stock indexes finished lower on Wednesday, reversing a sharp rally, fueled by the initial reaction to the Fed minutes released at 1900 GMT on Wednesday. The catalyst for the sell-off into the close was a surge in interest rates to fresh multiyear highs in a delayed reaction to the Fed minutes. The blue chip Dow Jones Industrial Average closed at 24797.78, down 166.97 or -0.67% and the NASDAQ Composite ended the session at 7218.23, down 16.08 or -0.22%.