Page 40 - Thomas Barkin News Today

Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of ...

Australian shares are set to edge lower after Wall Street’s rally, at least temporarily, lost upward momentum. Arm surges, Paypal drops. Bitcoin tops $US45,000.

Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of 5,000, while the tech-heavy Nasdaq 100 managed to reach fresh record highs.

U.S. Treasury yields rose on Thursday as traders waited on key inflation data that may give further clues on when the Federal Reserve is likely to begin cutting interest rates. Yields... -February 08, 2024 at 03:19 pm EST - MarketScreener

Richmond Fed Thomas Barkin spoke at the Economic Club of New York on Thursday: In aggregate, past rate hikes are still working their way into the economy.

The major U.S. index futures are currently pointing to a modestly lower open on Thursday, with stocks likely to give back ground following the strong upward move seen over the course of the previous session.

(Bloomberg) -- Stocks in Asia struggled for traction Friday after US shares inched to a record as many markets in the region shutdown for public holidays.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEinhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant InvestingBonds Fall After $25 Billion Sale as Stocks Churn: Markets WrapEpstein Contacted Staley for Years at Barclays Using...

The benchmark S&P 500 index was muted on Thursday, lingering near the 5,000-point mark, as investors sized up major corporate earnings reports, a roughly in-line jobs report and remarks from...

NEW YORK (Reuters) -Federal Reserve Bank of Richmond President Thomas Barkin said Thursday the central bank has time to decide what’s next for monetary policy while it waits for further assurance that inflation is indeed falling back to target. “I think it is smart for us to take our time,” Barkin said in a speech delivered to a gathering held by the Economic Club of New York. “No one wants inflation to reemerge,” the official said, “and given robust d...

The benchmark S&P 500 index advanced slightly on Thursday but traded close to the 5,000-point milestone, as investors reacted to earnings reports, a roughly in-line jobs report and remarks from...