Closing Recap U.S. stocks finished broadly higher, with the S&P 500 and Nasdaq notching new record highs as a surprisingly weak private payrolls report fueled aggressive Fed rate cut bets, allowing investors to shrug off the start of a government shutdown; gold surged to another record high, while oil and the dollar fell. In the…
Closing Recap U.S. stocks finished broadly lower as the official start of a partial government shutdown overshadowed recent market optimism, leading to concerns about potential economic data delays; gold surged to another record high on safe-haven demand, while oil prices plunged and the dollar weakened further. In the currency markets, the U.S. dollar fell for…
Closing Recap U.S. stocks finished broadly higher, shrugging off new tariff announcements as in-line inflation data solidified hopes for continued Federal Reserve rate cuts; gold stocks and utilities rallied, while Treasury yields rose on a quiet day for bonds. In the currency markets, the U.S. dollar weakened as investors exercised caution ahead of a potential…
Closing Recap U.S. stocks finished broadly lower, extending recent declines as investors digested stronger-than-expected GDP and jobs data while keeping a wary eye on a looming government shutdown; energy was the lone bright spot, while healthcare slumped, the dollar rallied, and Treasury yields rose. In the currency markets, the U.S. dollar rallied on the back…
Closing Recap U.S. stocks finished broadly lower in a quiet session, pulling back from record highs as investors digested a slew of mixed economic data and cautious commentary from Federal Reserve officials; the dollar firmed, gold plunged on overbought conditions and profit-taking, while Treasury yields were little changed. In the currency markets, the U.S. dollar…
Closing Recap U.S. stocks finished mixed with a slight downward bias as investors took a breather after a massive rally, with the S&P 500 snapping its 9-day win streak; markets digested cautious commentary from Fed Chair Powell, while the dollar firmed, gold hit another record, and Treasury yields were little changed. In the currency markets,…
Closing Recap U.S. stocks finished broadly higher, with the S.P. 500 and Nasdaq notching new record highs, as another AI-related mega-deal fueled the technology rally; the dollar weakened, gold surged to a new all-time high, and Treasury yields were little changed as investors awaited key Fed speeches. In the currency markets, the U.S. dollar was…
Closing Recap U.S. stock futures indicate a lower open, pulling back from last week’s record highs as investors adopt a cautious stance ahead of a busy week featuring key inflation data and numerous Fed speakers; gold is surging to new all-time highs on safe-haven demand, while the dollar is mixed and Treasury yields are steady.…
Closing Recap U.S. stocks surged to fresh all-time highs, led by a powerful rally in technology and small caps, as investors celebrated the Federal Reserve’s dovish stance and signs of a resilient U.S. economy; the dollar was mixed, Treasury yields climbed, while oil and gold prices pulled back. In the currency markets, the U.S. dollar…
Closing Recap U.S. stocks finished mixed in a choppy session dominated by the Federal Reserve’s policy meeting, as the Fed delivered an expected rate cut but offered a more measured outlook on future easing near ATH, causing an initial rally to fade; the dollar reversed to finish higher, while oil fell and gold was little…
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