The Dow declined 1.6% on persistent inflation, rising Treasury yields, and oil topping $104 per barrel. Markets are bracing for an 87% chance of an FOMC interest rate hike next week, compounding sell…
US benchmark equity indexes rose over 1% intraday despite hotter August core inflation, which drove Fed rate hike odds to 87%. Meanwhile, crude oil dropped nearly 3% amid potential Strait of Hormuz t…
US equity indexes surged over 1% led by technology and communication services, despite slightly hotter core CPI data that drove two-year Treasury yields higher. Simultaneously, crude oil prices slump…
U.S. stocks rebounded over 1% Friday, breaking a four-day slide as crude prices retreated. WTI dropped 3% to $99.44 and Brent slipped 2.74%. Despite August core CPI slightly exceeding expectations, m…
U.S. stocks snapped a four-session losing streak as falling oil prices offset hotter-than-expected inflation data. The Dow Jones rose 0.98%, while rising Treasury yields pushed market expectations fo…
U.S. equities rallied across the board led by technology, with major indices gaining around 1% despite hotter CPI data. Retreating oil prices and upbeat tech earnings bolstered risk appetite, even as…
US equity indexes surged over 1% in midday trading led by tech and communication shares, brushing off higher Treasury yields following August CPI data. Meanwhile, crude oil prices tumbled over 3%, se…
U.S. stocks surged as falling crude oil prices overshadowed firm core CPI inflation and rising Fed rate-hike odds. Tech titans Apple and Alphabet led market gains, pushing the Nasdaq and S&P 500 high…
Global equities rallied on Friday as US indices surged despite steady August CPI data bolstering expectations for an upcoming Federal Reserve rate hike. Pullbacks in Treasury yields and crude oil pro…
Wharton professor Jeremy Siegel warns that Fed Chair Kevin Warsh will likely hike interest rates next week amid rising bond yields and gasoline prices, triggering an immediate sell-off across equitie…
Crude oil retreated over 2.5% following profit-taking and reports of upcoming GCC-Iran talks aimed at reopening the Strait of Hormuz. The pullback in energy prices helped relieve cost pressures, lift…
Wall Street rallied broadly as all 11 S&P 500 sectors traded in the green. The S&P 500 rose 1%, the Nasdaq gained 1.1%, and the Dow Jones added 0.9%, marking a rare session of universal sector advanc…
U.S. stocks rebounded on Friday, with the Dow Jones gaining over 1% after four down sessions. A drop in crude oil prices provided relief to equity markets, offsetting sticky core inflation data and e…
Surging Treasury yields and rising Fed rate-hike odds pressured stocks weekly, but Friday saw an equity rebound. Analysts suggest an anticipated rate hike could restore policy credibility, stabilize …
Caterpillar's sales surge past $20 billion, driven by 72% growth in power generation amid massive data center demand. Backlogs stretch toward 2030, but analysts warn that at $805 per share, rich valu…
Major U.S. stock indexes gained over 1% as all sectors advanced, led by technology, despite August CPI accelerating to 0.4% month-over-month. Fed rate hike expectations rose to 86%, while the VIX dec…
JPMorgan warned that the S&P 500 equity risk premium collapsed to 2.1%, its lowest level since 2002. Driven by rallying stocks and surging real bond yields, this valuation squeeze makes equities hype…
U.S. stocks snapped a four-day losing streak on Friday as falling oil prices and resilient sentiment outweighed high inflation data. The Dow Jones climbed 1.2%, while the S&P 500 and Nasdaq Composite…