|Day's Range||0.6480 - 0.6720|
|52 Week Range||0.3980 - 2.2990|
Depending on your view of how the next few months go, UBS Wealth Management has a set of investing options for each of three scenarios.
Rising tensions between the U.S. and China over coronavirus culpability have helped reignite trade and economic debates, but the next front in the conflict between the world’s two largest economies could be over a brewing emerging-market debt crisis
Morgan Stanley’s Mike Wilson argues that the current stock market looks uncannily like March of 2009, when the U.S. economy was beginning to emerge from the financial crisis and the S&P 500 index was beginning its longest bull-market run in history.
Stocks edged down Friday morning as ongoing signs of the economic damage from the coronavirus pandemic compounded with fears of rising U.S.-China tensions. A slew of quarterly corporate earnings results came in mixed.
U.S. Treasury yields fall as investors contend with escalating tensions between Washington and Beijing amid the COVID-19 pandemic
As tensions heat up between U.S. and China on several fronts, some say Washington needs to figure out to find ways to collaborate with Beijing despite their differences.
Shares of American Tower REIT surged 5.9% in afternoon trading Friday, to pace the gainers among its large-capitalization peers, after Oppenheimer analyst Timothy Horan turned bullish, citing attractive valuation and increasing broadband demand amid the COVID-19 pandemic. Horan raised his rating on the real estate investment trust, which focues on multi-tenant communications real estate, to outperform from peer perform. His price target on the stock (AMT) is $270, which is 10.4% above current levels. "AMT is benefiting from very strong emerging market demand, and India which has been a drag, appears set to accelerate growth as the industry has consolidated down to a reasonable level," Horan wrote in a note to clients. He said he had been on the sidelines because growth had slowed slightly, uncertainties related to the T-Mobile U.S. Inc. merger with Sprint and "rich" valuations, but given the declines in Treasury yields, he now believes AMT's adjusted funds from operations (AFFO) yield of 3.7% are "attractive." The yield on the 10-year Treasury note was last at 0.661%, down from 1.919% at the end of 2019. The stock was the biggest gainer Friday among the components of the SPDR Real Estate Select Sector ETF's , which was trading up 1.8% on Friday. Horan also upgraded Crown Castle International Corp. to outperform from perform, and the stock was the REIT ETF's second biggest gainer with a 3.4% rally. Year to date, AMT has advanced 5.1%, while the REIT ETF has dropped 15.7% and the S&P 500 has lost 8.6%.
We’re no longer in the high-interest-rate, industrial-heavy economy of the 20th century, and that means higher valuations are possible.
China will propose sweeping new powers to oversee security in semi-autonomous Hong Kong this week, a move that is likely to add further stress to an already tense relationship with Washington.
The numbers: The Federal Reserve’s balance sheet increased to $7.09 trillion for the week ending in May 20, up from $6.98 trillion in the previous week, the central bank said Thursday. What happened: The Fed’s holdings in its corporate credit facility grew by $1.50 billion to $1.80 billion, after the central bank announced last Tuesday it would buy corporate bond exchange-traded funds. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is up 2.1% year-to-date, versus the 8.7% drop in the S&P 500 (SPX) over the same stretch.
Michael Gapen, Barclays Chief U.S. Economist, joined Yahoo Finance's Jen Rogers, Myles Udland, Andy Serwer, and Dan Roberts to discuss his outlook for the US economy and what the shape of recovery may look like.
U.S. Treasury yields struggle for direction on Thursday in listless trading despite a rush of economic data, increased geopolitical tensions and speeches from senior Federal Reserve officials.
Invesco Chief Global Market Strategist Kristina Hooper joins Yahoo Finance’s Brian Cheung and Seana Smith to discuss Jerome Powell's remarks as the Fed chair notes the U.S. economy faces ‘great uncertainty.’
Sales of previously-owned homes fell for the second straight month in April as the coronavirus pandemic upended the real-estate market. Meanwhile, prices rose in every region of the country.
Sales of previously-owned homes slid nearly 18% in April as the coronavirus pandemic upended the U.S. real estate market. Existing-home sales occurred at a seasonally-adjusted annual pace of 4.33 million, the National Association of Realtors reported Tuesday. Economists polled by MarketWatch had forecast existing-home sales to take place at an annual pace of 4.2 million. The inventory of unsold homes, meanwhile, increased to a 4.1-month supply.
The S&P; 500 has risen than 30% since bottoming out on March 23, but looks to give back a portion of those gains Thursday amid rising U.S.-China tensions and global coronavirus infection rates.
Stocks rose Wednesday and the Dow advanced more than 300 points, or 1.2%, as hopes surrounding some states’ reopenings extended during the session. Yahoo Finance's Jen Rogers, Myles Udland, Rick Newman, and Andy Serwer discuss on The Final Round
U.S. Treasury yields fell Wednesday after the Treasury launched its first sale of the 20-year bond since 1986, drawing better-than-expected appetite for the new issuance.
Federal Reserve officials in April discussed the next phase of interest rate policy —convincing markets that rates will stay low for a long time — but gave no sense than any changes were imminent.
The U.S. Treasury is gearing up to auction a $3 trillion in debt to finance the growing federal budget deficit. Charles Schwab Chief Fixed Income Strategist Kathy Jones joins Yahoo Finance’s Seana Smith to discuss.
Kenneth Rogoff, former IMF chief economist, takes issue with how investors have taken comfort in the Federal Reserve’s aggressive bond purchases
Investors continue to fear a second wave of coronavirus infections later in the year, but trillions in government spending and easing lockdown restrictions are keeping stock markets supported.
U.S. Treasury yields fall on Tuesday after congressional testimony from Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Steve Mnuchin on the state of the economy.
Investors should pay close attention to how the accumulation of cash in money-market funds grows or shrinks in the coming weeks.
Technically speaking, the S&P 500 has once again nailed major resistance (2,954) — for the third time in as many weeks — placing a potentially consequential retest in play, writes Michael Ashbaugh.