(Reuters) -U.S. stock futures were subdued on Wednesday, after the Nasdaq 100 closed at a record high a day earlier on Israel and Iran signaling their air war had ended, and as investors awaited more comments from Federal Reserve Chair Jerome Powell. All three major indexes gained more than 1% on Tuesday and the benchmark…
The unusual surge in long-term Treasury yields has rattled investors in the aftermath of President Trump’s tariff-fueled “Liberation Day” — and the catalysts behind the turmoil could have a ripple effect across the entire financial ecosystem. As of Wednesday’s close, the 10-year yield (^TNX) jumped another 14 basis points to trade around 4.40%, even as…
By Davide Barbuscia NEW YORK (Reuters) – The yield on the benchmark U.S. Treasury bond has fallen dramatically since President Donald Trump took office in January. But one measure of risk embedded in that number has remained positive, in a sign of investor nervousness. The term premium, a component of yields, is a measure of…
It’s been one of the most chaotic stretches for US markets in recent memory. And the massive surge in long-term Treasury yields has served as yet another example of the bizarre trading action in the aftermath of Trump’s tariff-fueled “Liberation Day.” The 10-year yield (^TNX) jumped 17 basis points to kick off the week, a…
(Reuters) – U.S. stock index futures inched up on Friday, steadying after sharp declines earlier this week, as investors shifted their focus to a key inflation figure that could influence expectations regarding the Federal Reserve’s monetary policy trajectory. At 5:25 a.m. ET, Dow E-minis were up 124 points, or 0.29%, S&P 500 E-minis were up…
(Bloomberg) — Asian equities were primed for muted moves Thursday as investors grappled with new details on tariffs from US President Donald Trump and robust earnings from Nvidia Corp. Most Read from Bloomberg Shares in Australia opened slightly higher while futures for Japanese and Hong Kong equity benchmarks edged lower. Contracts for the S&P 500…
HanesBrands board of directors has started the process of finding a new CEO (chief executive) and has engaged the services of consultancy Spencer Stuart to assist in identifying suitable candidates for the role. The upcoming CEO transition comes as the company’s quarterly and annual performance outpaced projected key indicators, signalling the effective implementation of its…
Stocks Rise After Another Hot Inflation Reading The Dow rose 123 points, or 0.3% while the S&P 500 and the Nasdaq Composite were up 0.2% and 0.4%, respectively. The “cool increases in healthcare services point to a better core PCE read for the month,” wrote Bill Adams, chief economist for Comerica Bank. The 10-year yield…
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a “core” basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November’s 0.3%…
Wall Street closed mixed on Tuesday, driven by utilities and financial stocks. While producer-side inflation released on the day boosted morale, investors currently await consumer inflation numbers eagerly. Two of the three most widely followed indexes closed the session in the green, while one ended in the red. The Dow Jones Industrial Average (DJI) rose…