After U.S. inflation statistics on Tuesday appeared to be cooling off and paving the way for the much-heralded economic “soft landing,” Asian markets opened on Wednesday with equities, risk assets, and investor mood surging globally. The two- and five-year bond yields fell more than 20 basis points on Tuesday, the Nasdaq surged more than 2%, … Read more
US 10-year yield drops to two-month lows; US two-year rates drop to two-week lows; US core CPI rises less than anticipated. May 2024 rate reduction in US rate futures pricing (adds commentary, changes prices) Composed by Gertrude Chavez-Dreyfuss Nov. 14, New York (Reuters) – Tuesday saw a sharp decline in U.S. Treasury yields as the … Read more
The main U.S. market indexes were anticipated to begin strongly higher on Tuesday due to anticipation that the Federal Reserve had finished rising interest rates being bolstered by lower-than-expected inflation figures. Data revealed that despite falling petrol costs, U.S. consumer prices were constant in October, and underlying inflation appeared to be slowing down. The CPI … Read more
The S&P 500 saw its biggest gain since April, rising by about 2%. For the tenth straight session, Nvidia Corp. had a surge driven by Tesla Inc. in the megacap space. Local banks saw a nearly 6% increase. Over 5% was added by the small-cap Russell 2000 index. The most shorted stocks as compiled by … Read more
Monday’s little increase in U.S. Treasury rates contributed to the dollar reaching a new one-year high versus the yen while putting an early tech-led equities surge on hold. Benchmark 10-year Treasury rates surged to a one-week high of 4.668%, reaching the upper end of their range since early-month speculations for earlier Federal Reserve rate reduction … Read more
You’ve had to confront your fears of being rejected, being alone, missing out, getting caught as a fraud, being uncertain, being afraid of money, being afraid of failing, being afraid of endings, and being afraid of losing your freedom. Fear may enter our minds in a variety of ways and render us immobile. But fear … Read more
With a Friday rally that sent the main US indexes to their best closing levels in over two months, the stock market resumed its upward trend last week. As the holiday shopping season gets underway, investors should expect a packed calendar of information on the state of the US consumer in the next week. Investors … Read more
The most influential shareholder groups in Schlumberger Limited (NYSE:SLB) should be known to all investors. Institutions own the largest percentage of the company’s shares—roughly 83%—of the total. In other words, if the stock increases, the group stands to gain the most (or lose the most, if there is a decline). Institutional investors suffered the most … Read more
Over the past few months, Super Micro Computer, Inc. (NASDAQ:SMCI) has had a respectable share price increase in the teens on the NASDAQGS. Since the large-cap stock is covered by several experts, it is likely that any news that might affect the price have already been taken into account by the stock’s share price. But … Read more
The US inflation report is likely to provide more hints this week on whether the Federal Reserve has to do more to curb price pressure, so traders were keeping a close eye on the dollar on Monday. The markets continued to be on the lookout for potential Tokyo action, and the Japanese yen remained weak, … Read more
