Page 11 - Crossmark Global News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eva Hambach/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Inflation spiked more than expected in March, and is expected to go higher in the months ahead. The Federal Reserve says they will look past the surge, which they say will be temporary. We asked 5 financial experts how much of a threat to markets they see inflation being this year. For the first time in years, investors face a credible threat of meaningful levels of inflation. A temporary surge in inflat...

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Macro Roundup (Feb 9) CST Source:SMM The dollar was flat to slightly lower on Monday in choppy trading, holding its ground against a basket of major currencies after falling sharply on worse-than-expected U.S. jobs data last week, as investors continued to price in faster U.S. recovery than most countries. SHANGHAI, Feb 9 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today. The dollar was flat to slightly lower on Monday in choppy trading, holding its ground against a basket of major currencies after falling sharply on worse-than-expected U.S. jobs d...

Provided by Dow Jones By Will Horner and Paul Vigna U.S. stocks fell amid concerns about Covid-19 vaccine distribution while traders were captivated by the frenzied trading in GameStop and other heavily-shorted stocks. The Dow Jones Industrial Average declined 540 points, or 1.7%, and the S&P 500 dropped 2.2%. The Nasdaq Composite lost 2%. Delays in the rollout of Covid-19 vaccines, coupled with lingering lockdown measures, marked a "double whammy" of bad news for investors, said Hani Redha, a portfolio manager at PineBridge Investments. "I think the...

Provided by Dow Jones By Will Horner and Paul Vigna U.S. stocks fell amid concerns about Covid-19 vaccine distribution and the pace of the economic recovery, while investors also parsed a bumper day of earnings reports. The Dow Jones Industrial Average fell 424 points, or 1.4%, and the S&P 500 dropped 1.8%. The Nasdaq Composite lost 1.6%. Delays in the rollout of Covid-19 vaccines, coupled with lingering lockdown measures, marked a "double whammy" of bad news for investors, said Hani Redha, a portfolio manager at PineBridge Investments. "I think the ...