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May 16, 2024
(Bloomberg) — Stocks took a breather after rallying to all-time highs, with investors turning to Federal Reserve speakers and jobless claims data for new clues on the path of interest rates. S&P 500 futures were little changed, while Europe’s benchmark index edged lower. Treasuries and the dollar posted small moves. Meanwhile, copper soared for another…
May 16, 2024
(Bloomberg) — Stocks took a breather after rallying to all-time highs, with investors turning to Federal Reserve speakers and jobless claims data for new clues on the path of interest rates. S&P 500 futures were little changed, while Treasuries and the dollar posted small moves. Copper soared for another day because of a short squeeze…
June 28, 2023
(Bloomberg) -- Wall Street got more signs the Federal Reserve’s war against inflation isn’t breaking the economy — or at least not yet — with traders sending Treasury yields soaring amid bets on further tightening.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkrainePutin Claims He’s Back in Control. Russia’s Elite Isn’t SureA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSupreme Cour...