A stock-market streak that had become emblematic of the S&P 500's blistering five-month rally is about to break. The S&P 500 is on track to close below its 50-day moving average on Monday for the first time in 110 trading days, according to Dow Jones Market Data. This would snap the index's longest
U.S. stocks closed lower on Monday, with the Dow cementing a sixth straight session in a row of declines, as investors worried about possible next steps in the Mideast conflict. The Dow Jones Industrial Average shed 248.13 points, or 0.7%, ending at 37,735.11. The S&P 500 index dropped 61.59 po
Trading in options tied to the Cboe Volatility Index, better known as the Vix or Wall Street's
U.S. stocks ended sharply lower Friday, with the Dow Jones Industrial Average booking a large weekly loss on investor anxiety over inflation and geopolitical tensions in the Middle East. The Dow dropped 475.84 points, or 1.2%, to close at 37,983.24. The S&P 500 fell 75.65 points, or 1.5%, to fi
U.S. large-cap stocks just posted their largest weekly outflow since December 2022, strategists at BofA Global Research said Friday. Outflows from U.S. large-cap funds were $15.8 billion in the week ending Wednesday, the highest in 16 months, while stocks in general saw $19.6 billion of outflows fo
MAX WINTERS AT CHASE STADIUM: Messi was brought on at half time and 15 minutes later Inter Miami led 2-1. He scored the equalizer and had a helping hand in the second. He's back.
ISAAN KHAN AT THE EMIRATES: Bayern Munich striker Harry Kane returned to north London to score his customary goal against Arsenal in the first leg of their Champions League quarter-final tie.
Federal Reserve Bank of New York President John Williams said the central bank will likely start lowering interest rates this year if inflation continues to gradually come down.
Inflation and hiring have been firmer than expected this year, weakening
SUMMERS: Fed's next rate move COULD BE A HIKE! (Second column, 6th story, link) Related stories:Consumer prices rise 3.5%Long-predicted storm clouds in economy may be formingCredit-Card Delinquency Rates Worst on RecordPrice of Chocolate Boxes Going Up as Cocoa Prices Soar
Kristalina Georgieva said the central bank should continue following economic data to determine when it's right to begin lowering.
Stocks tanked on Wednesday after March inflation data came in hotter than expected, likely pushing off interest rate cuts by the Federal Reserve that investors have been anticipating. Investor sentiment was further dampened following the release of March’s Fed meeting minutes, which reflected officials’ concerns that inflation isn’t moving quickly enough toward the central bank’s 2% target. The Dow […]