US stocks inch up as indexes close in on big yearly gains
For the year to date, the S&P 500 is up 24.6%, the Dow Jones Industrial Average is up 13.8%, and the Nasdaq is up 44.2%.
US stocks rise as S&P 500 goes for new all-time high
Indexes are closing in on big gains for the year, with the Dow up 13%, the S&P 500 up 24%, and the Nasdaq up 44%.
US stocks inch higher with S&P 500 near record high as bond yields plunge further
Markets were slightly higher on Wednesday, leaving the S&P 500 to hover just below its all-time closing high of 4,796.56.
Office values are only partly through their decline, and more properties could sink by over 50%, real estate expert says
"I think you're probably going to see some headlines that are even more severe than that," a real estate expert said on Wednesday.
Bonds may outperform the S&P 500 in 2024 as long-term Treasurys offer 'more bang for the buck,' asset manager says
Even with forecasts for the S&P 500 to see strong gains in 2024, bonds could outperform stocks, according to the CEO of Howard Capital Management.
Russia's economy is paralyzed, and Putin's war machine survives on cannibalizing state-owned firms, Yale researchers say
"We cannot fall into the trap of thinking that all is good for Putin, and we cannot jettison effective measures to pressure him," Yale researchers said.
US stocks close mixed after soft inflation report, but cap off 8th straight weekly gain
"Disinflation is in the data now, and that is wildly positive for the economy and the market."
US stocks climb as the Fed's favorite inflation gauge slows more than expected
The personal consumption price index was up 2.6% on a yearly basis, down from the prior month's 3% pace and below forecasts.
US stocks climb ahead of Thanksgiving as investors weigh lower oil prices and jobless claims
The final reading of University of Michigan consumer sentiment survey showed that year-ahead expectations for inflation ticked up to 4.5%.
Oil prices are surging again, but this time Biden has way less ammunition to bring them down
Last year, the Biden administration drained 180 million barrels from the Strategic Petroleum Reserve as oil prices soared.
Texas power prices soar 20,000% as brutal heat wave sets off emergency
On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
US stocks trade mixed as rate fears persist amid signs of tight labor market
Weekly jobless claims unexpectedly declined, and unit labor costs in the second quarter were revised higher.
Wall Street firms and retired generals to discuss hypothetical Chinese invasion of Taiwan
The "tabletop exercise" will explore the potential geopolitical and business implications of an invasion, sources told the New York Times.
China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says
"But if the price of saving the economy from entrenched deflation is a weaker renminbi, it is a price worth paying," said economist Shang-Jin Wei.
Bond vigilantes are 'saddling up.' Here's how concerned investors might take action over the ballooning federal deficit.
"We've got the federal deficit widening when the economy is doing well. And I think the bond vigilantes are quite concerned about that."
Texas electricity prices soar 6,000% as a fresh heat wave is expected to shatter records
Spot electricity prices jumped to $4,750 per megawatt-hour on Thursday afternoon from the average of $75 on Wednesday afternoon.
US stocks tumble as 10-year yield keeps climbing to hit highest since 2007
Stock market indexes gave up early gains to finish lower, with the Dow notching its third consecutive decline.
Foreign investors are giving up on China as capital flows reverse
Global investors have resumed dumping Chinese stocks and bonds after Beijing's pledges to boost the economy briefly lifted hopes for a rebound.
US stocks rise amid upbeat earnings while the 10-year Treasury yield hits the highest since 2008
The 10-year Treasury yield continued its march higher, reaching 4.30% early Thursday before easing back a bit.
The world's biggest stock investor says if you don't see opportunities in AI, then you are a 'complete moron'
Norway's sovereign wealth fund made $143 billion in the first half of the year, helped by top US tech stocks like Nvidia, Microsoft, and Apple.