basis point

Stocks rise with jumbo Fed cut back on the table

Stocks rise with jumbo Fed cut back on the table

Business
Jessica Roberts

US stocks edged higher on Friday, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest rate ...

Stocks rise with jumbo Fed cut back on the table

US futures rise with jumbo Fed cut back on the table

Business
Jessica Roberts

US stock futures edged higher on Friday, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest-rate ...

Global Stocks Advance as Tech Rally Continues: Markets Wrap

Global Stocks Advance as Tech Rally Continues: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European equities are set to open higher, tracking a rally in Asian markets and on Wall Street, as a tech-fueled ...

Dollar Is Under Pressure Before Key US Jobs Data: Markets Wrap

Dollar Is Under Pressure Before Key US Jobs Data: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The dollar weakened and US stock futures slipped as traders prepared for US jobs data that may determine the size ...

Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off

Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off

Business
Jessica Roberts

Investors began September trading with a thud as stocks tumbled on Tuesday to start a historically tough month for markets, with AI ...

Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off

Nasdaq leads rough kickoff to September as Nvidia sell-off continues

Business
Jessica Roberts

US stocks fell on Tuesday to kick off a historically tough month for markets, as AI darling Nvidia (NVDA) and chip stocks ...

Fed’s Bostic accelerates rate cut call, saying September or November ‘definitely in play’

Fed’s Bostic accelerates rate cut call, saying September or November ‘definitely in play’

Business
Jessica Roberts

Atlanta Fed president Raphael Bostic is accelerating his estimate of when rate cuts could begin, telling Yahoo Finance that September or November ...

S&P Logs Worst Day in Two Months, Bonds Power On: Markets Wrap

S&P Logs Worst Day in Two Months, Bonds Power On: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — High-flying stocks notched one their worst days in months Wednesday after Wall Street warned of a pullback on the rally ...

The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.

The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.

Business
Jessica Roberts

Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.Carlos Barria/Reuters After 11 interest rate hikes, ...