Stock Market Today: Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
Ten-year Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its highest since November 2023, as investors continued to show concern that President-elect Trump’s import tariff and immigration plans may revive inflationary pressures.
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
Investors are so worried about inflation returning that the ISM services index's price reading is sending shock waves through ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Markets see just one rate cut coming in 2025 amid strong economic data and the potential for Trump's economic plans to stoke ...
The US services sector expanded faster than expected last month as business activity picked up, according to Institute for Supply Management data released Tuesday. The ISM's purchasing managers' index ...
Material handling data from the industry group MHI weakened in December compared to November. However, the outlook over the ...
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given ...
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
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