“This is risk-off behavior returning,” tweeted Michael Gayed less than an hour into today’s trading session, which, two hours ahead of the clo
Neither pandemic nor war can keep down the American consumer, even as persistent inflation and supply-chain breakdowns continue to vex economi
U.S.
Markets rebounded sharply Friday, with the Dow Jones Industrial Average on track for its first positive trading session after six consecutive
Keeping with the prevailing theme, the U.S producer price index for April came in at a red-hot, consensus-forecast-beating year-over-year read
The consumer price index for April came in at 0.3% on a month-over-month basis and 8.3% year over year, exceeding estimates on both measures a
The Dow Jones Industrial average was down 1.3%, the S&P 500 2.4%, and the Nasdaq Composite 3.4%, late in Monday’s trading, as last week’s
The April nonfarm payroll figure topped consensus forecasts, and the unemployment rate held at 3.6%.
Not since March 2000 has the Federal Open Market Committee announced a 50-basis-point increase to the federal funds target rate.
Hard-core technical analysts will tell you that, ultimately, “price” is the only thing that matters.
Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S.
