Wall Street was rattled by data that showed exactly what traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures.
Ex-Banker Fixing Americanas’ $5 Billion Fraud Aims For ‘Equally Distributed’ PainBiden’s Power-Plant Pollution Rule Collides With Soaring DemandChile President Gabriel Boric Tells Investors He Wants Political System ReformBeer and Booze Battle Over Rates as Brazil Wraps Up Tax OverhaulChurchill Downs Shares Jump Most in a Year on Record EarningsPrivate Credit’s Answer to Liquidity Problem Finally Takes ShapePetrobras Investors Come Out Ahead After Drama Over Dividends in BrazilBill Gross Says...
4 Billion to Build Another All-Electric SUV in USWill the capital gains tax changes really jeopardize doctors' retirement?Bank of Canada officials split on rate cut timing: summaryCanada's retail sales flatlined in the first quarter of 2024The Daily Chase: Earnings season returnsCritics question Liberals' falling cellphone price claims, budget promisesThe Daily Chase: Honda nears deal to make EVs in CanadaMacklem sees little impact of Canada budget on fiscal trackThe Daily Chase:...
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Markets today: Treasury 10-year yield tops 4.5% on hot U.S. inflationWall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the U.S. Federal Reserve will be in no rush to cut interest rates this year.
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Markets today: Stocks sink as U.S. CPI shuts door on Fed June pivotWall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the U.S. Federal Reserve will be in no rush to cut interest rates this year.
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Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
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GDP print will have minimal impact on markets: StrategistMarkets (^DJI, ^IXIC, ^GSPC) are moving lower on Thursday, reacting to a weaker-than-expected GDP print for the first quarter. Deutsche Bank Chief US Equity ...
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Markets today: Treasuries hit as hawkish U.S. Fed views keep piling upThe world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will be higher for longer.
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Markets today: U.S. yields rise as solid data keeps lid on Fed betsTreasury yields edged higher after solid economic data spurred bets the U.S. Federal Reserve will be in no rush to cut interest rates.
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