U.S. indices rebounded on Friday following in-line August CPI data, though benchmarks ended lower for the week ahead of the Fed's rate decision. Microsoft announced plans to more than triple data-cen…
StockStory highlights divergence among S&P 500 industrials, issuing buy ratings for Corning (GLW) on robust revenue and earnings growth, while flagging Builders FirstSource (BLDR) and Otis Worldwide …
The Dow surged over 500 points and the S&P 500 gained 1% as investors shrugged off hot inflation data, betting that longer-term interest rate hike risks remain contained despite next week's expected …
US equity indexes rallied despite hotter-than-expected core CPI and climbing Treasury yields. Crude oil tumbled over 2% as diplomatic talks between Gulf nations and Iran raised prospects of easing Mi…
US equity indexes dropped as 10-year Treasury yields surged near 5% on hot inflation data and escalating Fed rate hike expectations. Geopolitical conflict involving Iran and Houthi threats in the Bab…
Major US indices closed the week higher in a broad Friday rally, led by a 1% gain in the Nasdaq. Stocks advanced as August CPI data solidified Federal Reserve interest rate expectations, reducing pol…
Major U.S. stock indices rallied despite a hot inflation print, with the Dow Jones gaining over 500 points and the S&P 500 adding 1%. Investors shrugged off near-term rate hike risks, focusing on exp…
U.S. stocks rebounded Friday, with the S&P 500 rising 0.9% as oil prices stabilized and August CPI matched expectations. However, major indexes fell for the week as 90% odds of a September Fed rate h…
US equity indexes surged over 1% led by technology and communication services, despite August core CPI rising 0.3% and short-term Treasury yields climbing. Concurrently, crude oil tumbled nearly 3% f…
Schwab U.S. Dividend Equity ETF (SCHD) is outperforming the S&P 500 by over 16% year-to-date without holding any Magnificent Seven stocks. The outperformance highlights a broader market rotation away…
Markets now price a 70% chance of a Federal Reserve rate hike following hot wholesale inflation data. With crude oil surpassing $100 per barrel, focus shifts to bank stocks like JPMorgan Chase, as wi…
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…
US diesel prices surged past a record $6 per gallon amid Middle East supply tensions, boosting crude and refined product markets. The spike intensifies broader inflationary pressures across transport…
The US Treasury's $6 billion bond buyback failed to suppress rising yields, keeping the 10-year note near 5% and pushing mortgage rates past 7%. Treasury Secretary Bessent attributed elevated yields …
U.S. stocks rebounded Friday as warmer CPI data brought clarity regarding an imminent Federal Reserve rate hike. However, benchmark 10-year Treasury yields hovering near 5% and crude oil exceeding $1…
US equities rose midday led by technology and semiconductor gains following August CPI data. Major ETFs advanced while crude oil tumbled over 2%. Cryptocurrencies traded higher, with Bitcoin climbing…