Dec 17, 2023 | Investments
U.S. stocks ended the week higher even as some Federal Reserve speakers pushed back on euphoria around interest rate cuts following the central bank’s dovish pivot earlier in the week. Overall, stocks registered their seventh straight week of gains, which was...
Nov 19, 2023 | Investments
The major stock market indexes eked out gains Friday but scored strong gains for a third straight week as Treasury yields continued to fall. The advance has been sparked by surprisingly tame U.S. inflation data that gave hope to investors that the Federal...
Oct 29, 2023 | Investments
The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, again defying dire warnings of a recession that have lingered since 2022. Gross domestic product increased...
Oct 15, 2023 | Investments
Wall Street wrapped up a volatile week with a mixed performance from stocks while investors sought safe-haven assets such as U.S. Treasury bonds and gold, as the Israel-Gaza war looked likely to escalate. For the week, the Dow Jones posted a 0.8% gain and the S&P...
Sep 24, 2023 | Investments
Stocks posted their fourth straight daily loss Friday to end a rocky week that saw benchmark U.S. Treasury yields surging to 16-year highs and investors digesting hawkish revisions from the Federal Reserve. The central bank was the main event of the week. The...
Aug 20, 2023 | Investments
Stocks and bonds both fell for the week as healthy economic data drove the narrative that the Federal Reserve will keep interest rates higher for longer. Among the major stock market indices this week, the S&P 500 posted a 2.1% decline to its lowest level in...
