Wall Street stock traders have absorbed every blow this week, from ever-surging Treasury yields, relentless Federal Reserve hawkishness, dramas in commodities, and more. For all that, it’s a wonder just how well the equity-investing landscape is holding up.
Mexican Stocks Set for Worst Week of 2023 on AMLO WorriesA $266 Billion Dip Hits What’s Left of Emerging-Market Bull CaseFed’s Mester Says Further Rate Hikes Will Depend on Incoming DataMexico’s Collapsed Shadow Bank Files Insolvency Deal in CourtKoch-Backed GameChange Solar Files Confidentially for 2024 IPOSilver Heist Triggers Shutdown at Pan American Mine in MexicoWall Street debates rates as U.S.
jobs report for SeptemberEconomy adds 64K jobs in September, unemployment rate holds steady at 5.
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Stock market today: Asian shares rise, buoyed by Wall Street rally from bonds and oil pricesTOKYO (AP) — Asian shares advanced Thursday after a plunge in oil prices aided a recovery on Wall Street. Benchmarks rose in Tokyo, Sydney and Hong Kong. Trading was closed in Shanghai for a holiday. Market sentiment was helped by a $5 decline in oil prices on Wednesday, although prices recovered slightly in Asian trading. Lower energy costs would relieve inflationary pressures that have led central banks to keep interest rates high. Japan's benchmark Nikkei 225 jumped 1.8% to finish at 31,075.3
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Stock market today: Wall Street leaps after eventually finding things to like in nuanced jobs reportNEW YORK (AP) — Wall Street rallied in a whipsaw Friday after looking deeper into the nuances of a surprisingly strong report on the U.S. job market. The S&P 500 rose 1.2% after erasing an earlier drop of 0.9%.
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Surging Treasury yields upend stock market's 'bond proxies'Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group of stocks expected to have bond-like qualities. The S&P 500 is down about 4% since the Federal Reserve's hawkish interest rate projections last month sent U.S. yields to 16-year peaks and accelerated an equities pullback from highs reached in late July. While rising yields are generally seen as unfavorable to growth stocks, some of the steepest losses have been concentrated in more staid sectors such as utilities and consumer staples.
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Surging Treasury yields upend stock market\u0027s \u0022bond proxies\u0022Explore stories from Atlantic Canada.
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Surging Treasury yields upend U.S. stock market’s ‘bond proxies’Some of the worst fallout has hit a group of stocks expected to have bond-like qualities
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Wall St eyes steep losses at open after jobs data; Treasury yields spikeitemprop=description content=Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
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