Stocks Category

Higher US bond yields and the USD halted Wall Street Higher US bond yields and a stronger USD dragged down Wall Street futures on Monday. Higher bond yields, i.e. higher borrowing costs, are generally negative for corporate profitability, whereas a stronger dollar is unfavourable for export-oriented US MNCs, particularly tech companies. After a slight reversal

The recovery of the US stock market will be put to the test by inflation The rise that brought US stocks back from the brink of a bear market will be put to the test next week, when consumer price data will reveal how much more the Federal Reserve will need to do to combat

Ahead of job news, global stock markets climb, but US rates fall On Thursday, global equity markets climbed, while US yields fell, as lower-than-expected private payrolls data raised optimism that the American economy was slowing and that the Federal Reserve may be convinced to change its hawkish attitude on interest rates and inflation. The ADP

To begin June trading, stocks are down After a volatile trading month, US stock indices fell on the first day of June. The three major US indexes all gave up their morning advances. To close at 4101.23, the S&P 500 dropped 30.92 points, or 0.7 percent. The Dow Jones Industrial Average dropped 176.89 points, or

Stocks end a bumpy month with a drop as the rally fades After a recovery late last week failed to maintain pace, US stocks ended a bumpy month of May down on Tuesday. In a turbulent session, the S&P 500 dropped 0.6 percent, while the Dow Jones Industrial Average dropped 220 points, or 0.7 percent.