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S&P's Risk-On Momentum Gets Added Boost From Rebounding Profits

(Bloomberg) With the quarterly reporting season roughly half over, US corporate earnings have largely lived up to Wall Street’s optimistic expectations even as macroeconomic headwinds linger.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso N ....

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Bitcoin, Stocks And Bonds Sell-off On Stagflation And Earnings Worries

Trading started on the wrong side for Wall Street bulls on Thursday morning. All major asset categories headed south on worries that the U.S economy is heading into stagflation. That's a situation of ....

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Stocks Hit as GDP Brings 'Worst of Both Worlds': Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures. Equities got hit across the board, with the S&P 500 extending its April slide as the economic figures fueled “stagflation” jitters, bringing even… ....

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Wall Street Roiled as Data Crush Fed Pivot Hopes: Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what investors did not want to hear: a sharp slowdown in the world’s largest economy and stubborn inflationary pressures. Treasuries sold off, with yields hitting fresh 2024 highs as the economic figures fueled “stagflation” jitters bringing more uncertainty to the path of Federal… ....

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