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Futures falter as Fed forecasts further rate hikes

Futures falter as Fed forecasts further rate hikes
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Wall St set to fall at open as Fed foresees further rate hikes

Wall St set to fall at open as Fed foresees further rate hikes
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Wall St edges up as yields slip after economic data

Wall St edges up as yields slip after economic data
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Wall St edges up as yields slip after economic data

Wall Street's main indexes inched higher on Thursday as megacap stocks rose on lower Treasury yields, lifting investor sentiment soured by Federal Reserve's hawkish comments on interest rate hikes this year. Another set of numbers showed initial claims for state unemployment benefits were steady at a seasonally adjusted 262,0000 for the week ended June 10. U.S. Treasury yields pulled back, lifting shares of rate-sensitive growth stocks.

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