Stay on top of your trading with analyses of the latest market news.
U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the …
This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings. The US JOLTS report for August and ISM Manufacturing PMI and ISM Services …
US stocks tumbled on Thursday, suffering from heavy daily losses and plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone on policy tightening. Federal Reserve (Fed) Bank of Cleveland President Loretta …
US stocks rallied on Wednesday, regaining upside strength and ending their six-day slide after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets. The BOE decided to buy long-dated UK government bonds …
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