|Day's Range||2.33 - 2.35|
|52 Week Range||1.72 - 2.62|
The Dow Industrials propelled past the 23,000 level out of the gate early Wednesday. The Dow's historic rally comes on the eve of the anniversary of the worst stock market crash in US history. Market historian Sam Stovalland Chief Investment Strategist at CFRA explains why there are very few similarities between thy '87 crash and now.
We've been hearing a lot of warnings from Fed officials about frothy markets and for good reason. Easy borrowing conditions and low rates have led us to record highs in stocks. While the Fed looks dead set on raising rates, it could be setting itself up for a tricky situation, one that has historically led to recession. Yahoo Finance's Justine Underhill has more at the charts.
Stocks backed away from record highs on Wednesday despite better-than-expected earnings from Delta and BlackRock as investor wait for the minutes of the Federal Reserve's September meeting.
It's a big week for the markets as third quarter earnings season gets underway. We'll hear from some of the big banks at the end of the week. Yahoo Finance's Alexis Chrisforous, editor-in-chief Andy Serwer, and Seana Smith discuss what are the expectations for the third quarter and what key sectors to watch.
The slippage in the U.S. 10-year Treasury yield may reflect investors' expectations of slower long-term domestic economic growth rather than looser financial conditions, Dallas Federal Reserve President Robert Kaplan said on Wednesday. "That is not a sign of easy financial conditions," he said of the benchmark U.S. yield which has fallen nearly 10 basis points so far this year.
U.S. government debt yields rose Wednesday, as investors awaited the latest economic releases from the U.S., including the Fed's Beige Book.
Some investors who see quantitative easing as an evil that has permanently distorted financial markets have seized upon a a chart showing the 10-year Treasury yield issuing the same returns as that of ...
BEIJING (AP) — Asian stocks were little-changed Tuesday after Wall Street's major indexes rose to new highs as China prepared to open a key political meeting.
NEW YORK (AP) — U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September.
Interest rates haven't moved up much this week, but they are headed higher in the fourth quarter, asserts Thomas Tzitzouris of Strategas Research Partners in a new report Wednesday. "If wage and inflation data survive revision and/or both inch higher by quarter end, then the rise in yields should continue, albeit in a sloppy uptrend," he writes. Interest rates have risen markedly in the past month.
U.S. equity indexes rose, gold and the U.S. Dollar traded mixed after the release of the Fed monetary policy minutes at 1800 GMT. U.S. Treasury yields traded mostly higher as investors digested the latest minutes and two Treasury auctions. The yield on the benchmark 10-year Treasury note was basically flat at 2.343 percent at 1806 … Continue reading Fed Divided Over Rate Hike, but Hawkish Yellen Holds the Swing Vote
Indirect bidders which include fund managers and foreign central banks on Wednesday purchased their biggest share of U.S. benchmark 10-year Treasury notes at an auction in nine months, according to U.S. Treasury Department data. The Treasury awarded 69.10 percent of the $20 billion of 10-year notes offered, above the 55.28 percent awarded at the 10-year auction last month and the highest percentage since January's 70.52 percent.
Asian stocks advanced Wednesday after Wall Street's main index closed at a fresh record high and Spain's Catalonia crisis eased after an independence leader backed away from plans to break away immediately. ...
reasury prices pared their earlier gains, nonetheless pushing yields lower, on Tuesday as the Catalan President pushed for further talks with Madrid in an effort to defuse tensions
The Dollar/Yen is trading weaker in response to a drop in U.S. Treasury yields. U.S. government debt prices, which move inversely to yields, were trading higher on Tuesday, as investors turned their focus to the series of Fed member speeches. At 1028 GMT, the USD/JPY was trading 112.340, down 0.333 or -0.29%. The yield on … Continue reading USD/JPY Fundamental Daily Forecast – Traders Reacting to Dip in U.S. Treasury Yields
U.S. government bonds fell after the September jobs report showed wage gains and the economy’s first job losses since 2010.
The latest on developments in financial markets (All times local): 4 p.m. Stocks are ending mostly lower, ending the longest winning streak in four years for the Standard & Poor's 500 index. Technology ...
Speculators' net bullish bets on U.S. 10-year Treasury note futures fell this week to the lowest in a month on upbeat economic data, according to Commodity Futures Trading Commission data released on Friday. ...