NASDAQ Composite (^IXIC)
| Previous Close | 14,226.22 |
| Open | 14,181.40 |
| Volume |
| Day's Range | 14,135.00 - 14,311.95 |
| 52 Week Range | 10,207.47 - 14,446.55 |
| Avg. Volume | 4,587,045,322 |
- Yahoo Finance Video
Fed: What to expect for the bond market in 2024
In an interview with Yahoo Finance's Akiko Fujita, Goldman Sachs Asset Management Head of Multi-Sector Fixed Income Investing Lindsay Rosner explores fixed income mixes in portfolios while laying out her forecast for bond yields in 2024. Fed Chair Jerome Powell addressed interest rate cut expectations at Spelman College Friday morning. Rosner in turn tells Yahoo Finance that the Fed "has to be careful." Despite investor hopes for easing, Rosner notes Powell's comments about July 2023 being the last hike were data-driven, but uncertainties lie ahead. While Rosner acknowledges fixed income backdrops seem promising entering 2024, she cautions realities have shifted from 2023 optimism. Still, with current interest rate sensitivity, she believes the bond market is benefiting more than not. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Investors are looking to Fed Chair Jerome Powell to potentially shed light on whether an interest rate cut lies ahead.
Yahoo FinanceStock market news today: Dow jumps over 500 points as roaring November comes to close
A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data that shows inflation is cooling.
