U.S. stocks are sinking after a mixed start to earnings reporting season. The S&P 500 dropped 0.9% Friday. The Dow Jones Industrial Average fell 322 points, and the Nasdaq composite
NEW YORK — U.S. stocks slumped Friday after a mixed start to earnings reporting season. Worries about tensions in the Mideast are also sending prices for oil and gold higher,
Asian shares are mixed after U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. South
Fears of rebounding inflation are forcing investors to prepare for a scenario few expected to confront in 2024: a year without U.S. interest rate cuts. Expectations for how much policy easing the Federal Reserve can deliver are falling rapidly as one strong economic report after another suggests inflation could come creeping back if the central bank lowers borrowing costs prematurely. Those worries took on added urgency following Wednesday’s robust consumer price data: futures markets now show investors expect rates to fall by just 40 basis points this year, compared to 150 basis points priced in at the start of 2024.
U.S. stock indexes held at a near standstill again, as traders made their final moves ahead of some potentially market-moving reports. The S&P 500 edged up by 0.1% Tuesday after