Pfizer Stock Leaps on FDA Report, Dow Higher as Stocks Rebound thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
Bond markets appear to be buying into the Federal Reserve's view that inflation pressures will ease later in the year, and that's helping lift U.S. stocks to fresh record highs.
Dow Futures Higher, Nasdaq Leads Wall Street; Treasury Yields Dip Below 1.7% TheStreet 1 hr ago
The Thursday Market Minute
Global stocks start second quarter with solid gains, as investors look to a post-pandemic rebound powered by government stimulus, ultra-low interest rates and ample central bank liquidity.
President Joe Biden unveils a new $2.3 trillion infrastructure plan with spending spread over eight years, but early indications suggest Congress will need convincing.
Benchmark 10-year note yields ease to 1.698% following weekly jobless claims, while the dollar index drifts to 93.125.
Oil prices extend 25% quarter gains ahead of OPEC meeting in Vienna that is likely to rollover the cartel s production cuts.
U.S. equity futures are rising as the Fed downplays inflation pressures, the Senate set to pass a $1.9 trillion stimulus bill and vaccination rates rising to 2 million a day.
senate. later on friday, we are expecting the senate to break a filibuster of betsy devos to lead the education department. that will be the narrowest margin of 51-50 vote. jeff sessions has not been confirmed as attorney general. they kept his in committee longer to help betsy devos. vice president mike pence will have to break the tie. president trump is getting his nominees in place, but maybe not in the time he wanted. christine and miguel. manu with all the drama on capitol hill. let s get a check on cnn money stream. investors feeling good. the jobs report due in three hours. miguel cannot wait. beside myself. dow futures higher. stocks in europe are higher. shares in asia finishing mixed. oil is up. the u.s. dollar is struggling.