Page 38 - Herbert Lash News Today

The blue-chip Dow powered to its fifth consecutive record high on Friday and the S&P 500 closed slightly higher as investors bought shares that should benefit from a strong reopening of the U.S. economy, an outlook signaled by rising yields in the bond market.

* Yields lower after 10-year Treasury note auction * Indexes up: Dow 1.67%, S&P 0.88%, Nasdaq 0.17% (Adds House vote, comments) March 10 (Reuters) - The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer prices data for February calmed inflation worries and legislators gave final approval to one of the largest economic stimulus measures in U.S. history. A rotation into sectors such as energy and financials continued, both in small- and large-cap stocks, as in...

The S&P 500 and the Dow closed at all-time highs on Thursday as worries about rising inflation subsided, while a bigger-than-expected fall in weekly jobless…

The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data for February calmed inflation worries and Congress gave final approval to one of the largest economic stimulus measures in U.S. history.

U.S. stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated and investors scooped up battered technology stocks.

A new ETF that tracks an index ranking the top 75 stocks each month that display the highest degree of "positive investor sentiment" as gauged by the monitoring of 15 million online posts will begin to trade on Thursday under the symbol BUZZ.

The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive.

By Herbert Lash NEW YORK (Reuters) - The Nasdaq recovered and the bond rout eased a bit on Friday, but equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive. Shares of Amazon.com Inc, Microsoft Corp and Alphabet Inc edged up after bearing the brunt of this weeks downdraft and helped the Nasdaq shake off its worst day in almost four months on Thursday. The Nasdaq Composite advanced 1.25%. The S&P 500 traded nea...

The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive.

* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E * Nasdaq rebounds, but MSCIs global index slides * U.S. 10-year Treasury yields retreat * Dollar lifted by rise in yields * Gold posts worst month since November 2016 By Herbert Lash NEW YORK, Feb 26 (Reuters) - The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising inflation alive. Shares of Amazon.com Inc...