Here we go again: Treasury yields are spiking, and unsettling the stock market, too. Concerns about higher inflation caused an investor exodus from government bonds on Tuesday. Heavy selling drove the 10-year Treasury yield to 3.093%, the highest since July 2011. The 10-year yield helps determine how much it costs to borrow money, including mortgages, […]
The yield on the benchmark U.S. 10-year Treasury note hit its highest in about seven years on Tuesday on the heels of a report that indicated a pick-up in consumer spending, lifting the dollar to its strongest level this year and weighing on stocks. The 10-year yield neared 3.1 percent, blowing through the 3 percent […]
There was nearly nowhere to run or hide to for investors on Tuesday. The Dow Jones Industrial Average snapped an eight-session streak of gains with a triple-digit decline, wiping out the blue-chip average’s meager 2018 advance. But most notable about Tuesday’s price action is that as the Dow DJIA, -0.78% S&P 500 index SPX, -0.68% […]
Semiconductor stocks were battered by the recent market sell-off, but tech has made a strong recovery, and with several interesting trends like the Internet of Things and artificial intelligence on the rise, it is still an exciting time to be investing in chip-making corner of the technology sector. While tech behemoths like Microsoft MSFT and […]
Even if stocks hit a few speed bumps, they are showing signs of renewed strength that could propel the market higher in the summer months. Instead of talk about stocks bottoming, there’s more chatter recently about new highs, as small caps flirt with their former highs and money is jumping in to tech after this […]
Stocks closed higher on Monday amid hopes of a potential breakthrough in trade tensions between the U.S. and China, the world’s two largest economies. The Dow Jones industrial average rose 68.24 points to 24,899.41, with UnitedHealth and Walmart as the best-performing stocks in the index. The 30-stock index also extended its winning streak to eight […]
NEW YORK — Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following U.S. President Donald Trump’s conciliatory remarks toward China’s ZTE Corp that calmed the waters of U.S.-China trade tensions. The S&P 500 pared its gains after hitting a roughly two-month high earlier in the session, […]
One tweet had broad repercussions across the tech world on Monday. President Donald Trump this weekend tweeted that he’d be working with China to find a way for Chinese smartphone maker ZTE Corp. 0763, -1.92% to restart its operations. The U.S. banned domestic companies from selling components to ZTE last month, arguing that ZTE didn’t […]
Dow Jones futures today rose modestly vs. fair value, along with S&P 500 futures and Nasdaq futures. President Donald Trump tweeted that it “will all work out” on U.S.-China trade. He also tweeted that he wants to help China’s ZTE “get back into business, less than a month after the U.S. banned domestic companies from […]
Most Asian markets searched for direction in early Monday trade, although Malaysian stocks tumbled as markets there reopened for trade after a long weekend. Meanwhile, oil prices were slightly lower, paring more gains after touching multi-year highs last week. The FTSE Bursa Malaysia KLCI sank 1.29 percent as investors digested last week’s surprise election victory […]
Break out those rally hats. With an impressive first quarter earnings season just about done, investors appear to have liked what they saw after initially being unimpressed. Dow Jones Industrial Average futures popped 60 points on Sunday as of 6:11 p.m., S&P 500 futures gained 5 points, and Nasdaq Composite futures rose 15 points. The […]
Oil prices have been on fire over the past year and recently topped $70 a barrel, which is the highest crude has been since late 2014. That rally in the oil market has helped fuel big-time gains in many oil stocks. Three that stand out are Anadarko Petroleum (NYSE:APC), Hess (NYSE:HES), and ConocoPhillips (NYSE:COP) because […]
