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Headline PPI Swings to a Negative
Zacks· 4 days agoMore key economic data hits the tape this morning. An hour ahead of the opening bell, the latest Producer Price Index (PPI) report for May comes a day after Consumer Price Index (CPI) data.
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
CoinDesk via Yahoo Finance· 6 days agoIn response to the surprisingly resilient labor market, financial markets pushed out expectations...
Dow Jones Up As Nvidia Rallies After Split; Tesla Falls Amid Elon Musk Pay Warning (Live Coverage)
Investor's Business Daily· 7 days agoThe benchmark 10-year Treasury yield rose 4 basis points to 4.47%. The two-year yield inched up 1 ...
How immigrants are helping to keep job growth hot while inflation cools
CNBC· 4 hours agoU.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in...
Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi
MarketWatch via Yahoo Finance· 5 days agoTreasury yields change expressed in basis points The buzz Consumer prices were unchanged in May,...
Here's Good News for Bond Portfolios
Barrons.com· 6 days agoThe Treasury Department offered 4.438% interest on the 10-year note, lower than the average of six such sales of 4.324%. This gap, called a stop through,...
Three Democratic Senators Urge The Federal Reserve To Cut Rates At Its Meeting This Week
HuffPost via Yahoo News· 7 days agoThe Fed has not cut its key federal funds rate since March 2020, when it slashed it by a huge 100 ...
Stock Market Forecast For The Next Six Months Is Stacking Up Well. But Don't Ignore These Risks.
Investor's Business Daily· 3 days agoAs the midpoint of 2024 nears, the stock market forecast is looking hopeful, building on the same...
Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll
Reuters via Yahoo Finance· 6 days agoAfter peaking at 5.02% in October, the benchmark U.S. 10-year Treasury note yield plummeted over 120...
North American Morning Briefing: Stock Futures Weaken After Records; Tesla Still in Focus
Morningstar· 3 days agoThe S&P 500 and Nasdaq have been on a roll this week, while European markets are looking increasingly shaky. Investors have kept bidding up riskier assets, even after the Federal Reserve signaled ...