The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.
History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two ...
The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to ...
US stocks ended higher on Friday, driven by gains in big tech and chip companies, reported Xinhua. The Dow Jones Industrial ...
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of ...
U.S. stocks are about to close out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th ...
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the ...
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data ...
The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or ...
The Dow Jones Industrial Average rose 397.40 points, or 0.92%, to 43,550.93, the S&P 500 climbed 68.27 points, or 1.15%, to 6 ...
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher and the latest crop of economic data and ...