|Day's Range||2.0640 - 2.0970|
|52 Week Range||1.9430 - 3.2480|
At an event in Paris, Federal Reserve Chair Jerome Powell talked about speaking to "Main Street as well as Wall Street" as the Fed weighs a rate cut. Yahoo Finance's Brian Cheung, Brian Sozzi, and Alexis Christoforous discuss what to expect from the upcoming Fed meeting.
Nuveen Chief Equity Strategist and Senior Portfolio Manager Bob Doll joins Yahoo Finance’s The Final Round to discuss his outlook for the remainder of 2019 and why he still has a cautious outlook towards equities.
Yahoo Finance's Dan Roberts, Melody Hahm, and Myles Udland discuss what to expect from earnings season, the Fed, and more with Global X CIO Jon Maier.
Gold futures turn sharply higher Wednesday, setting prices back on track to post fresh six-year highs as the U.S. dollar weakened and traders weigh expectations for a U.S. interest-rate cut.
Bank of America Corp (NYSE: BAC) and several other banking firms highlight the earnings picture this morning, while anticipation builds ahead of Netflix Inc. (NASDAQ: NFLX) results after the close. Also, there seems to be some risk aversion creeping back into the picture after President Trump’s comments about the China trade situation yesterday (see more below). This morning, BAC became the latest big bank to surpass Wall Street’s earnings estimates as interest income rose, but shares edged lower in pre-market trading.
Construction on new houses fell slightly in June and permits posted an even sharper decline, suggesting the housing market has failed to gain much momentum from lower mortgage rates. Housing starts slipped 0.9% to an annual pace of 1.25 million. Permits dropped 6.1%.
Financial conditions indexes don’t give any advance warning that a recession is coming, so why do Fed officials put so much stock in them? asks Caroline Baum.
Treasury yields fall Wednesday after as fears Trump will not reach China trade deal resurface, weighing on equities, stoking appetite for government bonds.
As the Federal Reserve gets set to cut interest rates, one question that keeps popping up is why the central bank feels a need to act, given the underpinning of a strong domestic jobs market.
Greece is borrowing about €2.5 billion euros in the international debt markets this week by selling seven-year bonds at a yield of 1.9%, according to Bloomberg report. The bonds sale comes on the heels of an election that installed a new government led by Prime Minister Kyriakos Mitsotakis, sparking hope that Greece can finally turn the page on a decade of debt woes. “Some have argued that the Greek yield is a result of better economic conditions in Greece,” Mark Grant, chief global strategist at B. Riley FBR Inc. wrote on Tuesday in a note to clients.
Treasury yields jump Tuesday after update on consumer spending shows the economic health of U.S. households remains in good shape.
The cost of imported goods fell in June by the steepest amount in six months, reflecting lower oil prices and a weaker global economy wracked by U.S.-China trade tensions.
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes.
MarketWatch’s call of the day comes from the Leuthold Group, a Minneapolis investment research firm, which tracks the correlation between weekly percentage changes in the S&P 500 and the 10-year Treasury yield.
Shares of General Electric Co. dropped Monday, after UBS backed away from its bullish stance, citing significant outperformance in the face of continued power market weakness and a significant decline in interest rates.
Treasury yields fell on Monday as Chinese growth fell to its slowest pace since 1992, even as other accompanying data pointed to signs of stabilization.
Economists at UBS still anticipate a half-point cut from the Fed at the upcoming Federal Open Market Committee meeting due to end July 31, even with good economic data.
U.S. equity futures are pointing to a flat open on Wall Street Monday as investors both prep for a key set of data releases that will gauge the strength of the consumer economy and brace for the start of the second quarter earnings season.
Rates for home loans didn’t change much in a week when financial markets saw a lot of action, but by sticking near their lowest levels of the past few years, they’re providing a tailwind for buyers.
Long-term U.S. Treasury yields climb this week, despite trading lower on Friday, following testimony from Federal Reserve Chairman Jerome Powell, who entrenched expectations for interest rate-cuts at the end of this month.
Bond investor Dan Fuss says a potential escalation of the trade war could pressure corners of U.S. financial markets marked by excessive leverage.
Fed Chairman Jerome Powell was clear in testimony this week that he plans on cutting interest rates at the end of the month. So why are Fed watchers so confused?