(Bloomberg) — Global stocks retreated and Treasury yields held near four-month highs as solid economic readings and higher commodities prices reinforced the view that interest rates will remain higher for longer. Those concerns have kept global equities from extending the previous quarter’s strong gains. The Stoxx 600 slid 0.1%, while futures pointed to further declines…
Markets today: U.S. stocks rebound after data with eyes on Powell bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — The stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing. As Wall Street awaited more clues on the Fed’s next steps from Jerome Powell, a report showing…
Markets today: Bond yields climb after ADP with eyes on Powell bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Markets today: U.S. stocks rise as Powell sticks to wait-and-see tone bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.