Treasury yields, whose steady rise over the last few months has weighed on stocks, have rapidly retreated: the benchmark 10-year Treasury yield stood at 4.43 percent early on November 17, from a 16-year high of just above 5 percent last month.
Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? Signs of cooling inflation have fueled hopes that the Federal Reserve is done raising interest rates, helping extend a rally that has seen the S&P 500 gain over 9% since late October. Whether it can reach those levels in coming weeks depends in-part on how convinced investors are that the U.S. economy is on track for a so-called soft landing, where the Fed brings down inflation without badly damaging growth.
Wall St Week Ahead - After breathtaking surge, U S stocks path may rest on economic soft landing reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Are U.S. stocks poised to
continue their dramatic run, or is a pause ahead? That’s the
question investors are asking as the S&P 500 heads into the
close of the year with fresh highs coming into.
Are U.S. stocks poised to
continue their dramatic run, or is a pause ahead? That’s the
question investors are asking as the S&P 500 heads into the
close of the year with a fresh record high coming.