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S&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets Wrap

(Bloomberg) — Wall Street traders sent stocks and bonds sliding after another hot inflation report signaled the Federal Reserve will be in no rush to cut rates this year. Oil climbed as geopolitical jitters resurfaced. Equities extended their April losses, with the S&P 500 down about 1% as the consumer price index beat forecasts for…

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Bond Yields Hit 2024 Highs With Inflation in Focus: Markets Wrap

(Bloomberg) — The world’s biggest bond market kicked off the week on the back foot as geopolitical pressures abated and traders positioned for this week’s key inflation data. Treasuries fell across the curve, with 10-year yields hitting the highest levels since November and coming within a striking distance of the 4.5% level that some investors…

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European Stocks Advance as Focus Turns to ECB, US Inflation Data

European Stocks Advance as Focus Turns to ECB, US Inflation Data
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European Stocks Suffer Their First Weekly Drop Since January

European Stocks Suffer Their First Weekly Drop Since January
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Euro-Area Banking Stocks Are The Most Overbought In History

Euro-Area Banking Stocks Are The Most Overbought In History
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