Stock Market Today: Stocks lower as Treasury yields gain, tech struggles
A big move higher in longer-dated Treasury yields has investors worried about renewed inflation risks.
A big move higher in longer-dated Treasury yields has investors worried about renewed inflation risks.
Nvidia's 6% loss Tuesday was especially painful for the company given it followed a splashy CES event with big announcements. But the market has good reason to shake off its swings.
This first half of the 2020s has been difficult for timeshare stocks. The shutdowns of the COVID-19 pandemic were followed by rising inflation and rising interest rates, which all pushed down hard on consumer demand. But the pandemic is well behind us now; inflation, while still slightly above the Fed’s target rate, appears to be stabilizing; and the central bank is back to cutting rates. So, while it’s not surprising that timeshares have underperformed in recent years, consumers are starting to
After nearly three years of grappling with an expensive housing market, home buyers are showing signs of getting used to it.
(Bloomberg) -- Singapore’s stock benchmark closed at an all-time high on Wednesday, boosted by the ongoing rally in bank shares. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?The Straits Times Index rose 1.5%, pushing the gauge above the p
Shares of BrainAurora Medical Technology, a provider of medical diagnostics and digital therapies, jumped as much as 8.4 per cent in their Hong Kong market debut after completing the city's first initial public offering (IPO) of the year. The stock, which trades under the 6681 code, opened unchanged at HK$3.22 and ended 3.4 per cent higher at HK$3.33 when market closed at 4pm local time, valuing the entire company at HK$4.22 billion (US$542 million). It earlier surged as much 8.4 per cent to HK$
(Bloomberg) -- There’s room for stock markets to fall further as bond yields approach levels that have been painful for equities in recent years.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?The US 10-year Treasury yield climbed to levels
From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when he becomes U.S. president in less than two weeks. Trump has pledged tariffs of as much as 10% on global imports and 60% on Chinese goods, plus a 25% import surcharge on Canadian and Mexican products, duties that trade experts say would upend trade flows, raise costs and draw retaliation.
A wave of new weight loss treatments is on the way, and drugmakers are scrambling for a foot in the door.
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest data.