Wall Street saw a bloodbath after the Fed’s rate-cut shift view. The S&P 500 dropped 2.9%, whereas the Dow Jones Industrial Average fell 2.6%. Both saw the biggest one-day percentage decline since Aug....
Long-term U.S. treasury yields have been on the uptrend lately. Benchmark U.S. Treasury yields were 4.26% on Nov. 5, up from 3.74% recorded on Oct.1. Billionaire investor Ray Dalio, founder of Bridgewater...
The annual inflation rate in the United States slowed for a sixth successive month to 2.4% in September 2024, the lowest since February 2021, from 2.5% in August. However, figures came above forecasts...
On Monday, U.S. stocks slumped as the 10-year Treasury yield surged past 4%, a level not seen since August. This came ahead of a week marked by important inflation data and the start of the earnings season....
U.S. stocks closed the month of August with gains as optimism grew around potential Federal Reserve rate cuts following a favorable inflation report. The Dow Jones Industrial Average rose 0.9% last week...