Upside risks for inflation have prompted Macquarie's North America economic team to make a fresh call of zero rate cuts by the Federal Reserve this year. Economist David Doyle said that while core inflation in December looked headed to the 2% to 2.5% range by mid-2024, this
Bitcoin is on pace for its worst month since November 2022, as the cryptocurrency continues to pull back from its all-time high of $73,798 reached in March. The largest crypto is trading at around $62,980 on Monday, down 1.2% on the day, according to CoinDesk data. It has fallen around 11.5% this m
The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's first-quarter results.
Equities rallied on easing geopolitical tensions, upcoming quarterly results.
Equities ended the week on an up note thanks to some of the market's biggest names.
Disappointing readings on GDP and inflation helped tank equities.
A big earnings boom for credit card giant American Express helped the Dow notch another win.
The EV stock rose nearly 2% ahead of its highly anticipated Q1 earnings report, due after tonight's close.
US stocks looked set to open higher at the opening bell on Tuesday, as traders waited for Tesla to kick off a make-or-break Magnificent Seven earnings season.Shortly after 5 a.m. ET, S&P 500 futures were up 0.2%, while Nasdaq 100 futures had climbed 0.3%. Dow Jones Industrial Average futures traded flat.There was also muted trade in other assets, with yields on 10-year Treasury notes up 1 basis point to 4.63%. The US Dollar Index, which tracks the greenback against a basket of six other...
Stocks joined gains in bonds after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a hike.
The world's largest technology companies soared in late trading after stellar results from Microsoft Corp. and Google's parent Alphabet Inc.
The world's largest technology companies soared in late trading after stellar results from Microsoft Corp. and Google's parent Alphabet Inc.