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 ...

SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of ...

Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case ...

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 ...

Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like ...

NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments ...

The pound was at USD1.2241 late on Thursday in London, flat compared to USD1.2243 at the equities close on Wednesday. The euro stood at USD1.0305, higher against USD1.0293. Against the yen, the dollar ...

The Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13, the S&P 500 lost 12.57 points, or 0.21%, to 5,937 ...

Investors are coming off a strong session after a moderate improvement in core inflation in December’s consumer price index ...

The Fed’s preferred inflation gauge, the personal-consumption-expenditures price index, rose 2.4% in November from a year earlier. Excluding volatile food and energy, the gauge rose 2.8%.

BANGKOK -- World shares were mixed on Thursday after the latest U.S. economic data calmed frazzled nerves on Wall Street.