The yield on the 10-year Treasury declined on Wednesday after U.S. President Donald Trump backtracked on comments he made about firing Federal Reserve Chairman Jerome Powell. At 4:35 a.m. ET, the 10-year Treasury yield was 4 basis points lower at 4.346%. The 2-year Treasury yield was 3 basis points higher at 3.819%. One basis point equals 0.01%…
Dow Jones falls more than 500 points Dow Jones falls more than 500 points, fueled by UnitedHealth tumble 03:22 The stock market will be closed on April 18 in observance of Good Friday. Both the New York Stock Exchange and the Nasdaq will pause operations for the religious holiday. Trading will resume on Monday, April…
U.S. Treasury yields rose on Thursday as investors weighed the state of the U.S. economy after Federal Reserve Chairman Jerome Powell raised concerns about the inflationary and economic growth risks of the White House’s tariffs. At 3:55 a.m. ET, the benchmark 10-year Treasury yield rose around 4 basis point to 4.319%. The 2-year Treasury yield was up over…
A global trade slowdown tied to U.S. tariffs will likely create a more challenging environment for bond fund managers, according to financial futurist Dave Nadig. “All of these capital holding requirements that led to buying U.S. Treasurys are kind of unwinding at the same time,” the former ETF.com CEO told CNBC’s “ETF Edge” on Wednesday….
Even as stocks plunged in reaction to his administration’s sweeping tariffs, President Trump expressed confidence in his trade policies, saying last week that “markets are going to boom.” But by Wednesday, a collective thumb’s down to the tariffs by bond investors had given Mr. Trump pause. With U.S. and global financial market tumbling, he abruptly suspended…
US President Donald Trump, alongside Secretary of State Marco Rubio (L) and Secretary of Defense Pete Hegseth (R), speaks during a cabinet meeting in the Cabinet Room of the White House on April 10, 2025, in Washington, DC. Brendan Smialowski | Afp | Getty Images The bond market screamed at President Donald Trump this week…
Traders work in the S&P 500 Index (SPX) options pit at the Cboe Global Markets exchange in Chicago, Illinois, US, on Tuesday, April 8, 2025. Jim Vondruska | Bloomberg | Getty Images At midday a.m. in London (7 a.m. ET), the yield for the 2-year Treasury was down 8 basis points as the 30-year cooled…
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle…
Global markets today: There is chaos across global financial markets. US President Donald Trump’s reciprocal tariffs have spooked investors, prompting them to pull their money out of various asset classes. That reciprocal tariffs were coming was expected. What’s creating panic among investors is the prospect of a trade war that could disrupt global economic growth…
Both the protests and the market fallout could have been worse, Deutsche Bank strategist Jim Reid said in a note to clients on Monday. “The fact that he wasn’t charged with terrorism means the news isn’t as extreme as it could have been,” he argued, noting that “such a move would have led to the…