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S&P 500 Rally Wanes Amid US Stagflation Chatter: Markets Wrap
Bloomberg via Yahoo Finance· 36 minutes ago(Bloomberg) -- The stock market struggled to gain traction after data pointed to an economy that is...
Why Are Defensive Sectors Outperforming SPY?
etf.com via Yahoo Finance· 8 hours agoThe tech and consumer discretionary (also known as consumer cyclicals) sectors combine to make up 40% of the S&P 500 index. Furthermore ...
Consumer sentiment drops to 6-month low on inflation, unemployment fears - Maryland Daily Record
The Daily Record· 6 hours agoconsumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment ...
Wall Street closes up, another weekly gain ahead of inflation data
Reuters· 13 minutes agoU.S. stocks eked out modest gains on Friday and all three indexes posted another weekly advance as...
US Two-Year Yield Rises to Week’s High on Inflation Anxiety
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Traders sold US Treasuries on Friday, pushing the yield on two-year notes to the...
U.S. consumer sentiment drops to 6-month low on inflation, unemployment fears
The Washington Times· 6 hours agoThe University of Michigan’s consumer sentiment index, released Friday in a preliminary version,...
Dow Jones Cuts Gains After Hot Inflation Data; Nvidia Rallies On Strong TSMC Sales
Investor's Business Daily· 6 hours agoShares gained 1.4% on the stock market today. Meanwhile, drug giant Merck is building a flat base...
Gold extends gains as jobs data reinforces US rate cut bets
Reuters via Yahoo Finance· 17 hours agoLower interest rates generally tend to boost the appeal of bullion since it pays no interest. [US/]...
FOREX-Dollar up slightly after consumer sentiment data, CPI eyed
Reuters via Yahoo Finance· 2 hours agoThe dollar inched higher on Friday following a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with the ...
FOREX-Dollar rises after consumer sentiment data, yen weaker
Reuters via Yahoo Finance· 5 hours agoThe greenback pared declines and turned modestly higher after the University of Michigan's preliminary of consumer sentiment came in at 67.4 for May, a six-month low and below ...