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Wall Street rose on Wednesday in choppy trade as investors saw an imminent end to ultra-loose U.S. monetary policy as a vote of confidence in the economy, while two-year Treasury yields hit 18-month highs on bets that policy tightening is in the offing.
U.S. shares rallied on Thursday as strong bank earnings reports fired up investors' risk appetites, while the dollar and benchmark Treasury yields both paused their recent ascent to pull back from multi-month highs.
U.S. shares fell on Monday, having whip-sawed between gains and losses as soaring oil prices that hit multi-year peaks stoked fears about rising prices and tighter monetary policy, lifting the... | October 12, 2021
U.S. dollar, stocks dip as Fed keeps taper timing close to chest 07/28/2021 | 05:56pm EDT Send by mail : Message : Required fields NEW YORK (Reuters) - U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track. The Fed said after its latest policy meeting ended on Wednesday that the economy has been strengthening despite a rise in coronavirus infections, and that accelerating inflation remained the result of "transitory fact...
Message : Required fields NEW YORK (Reuters) - U.S. stocks touched record highs in choppy trade on Monday and the dollar weakened, as investors avoided making new, bold bets before this week's Federal Reserve policy meeting, which might offer clues on the outlook for monetary policy. The performance in U.S. shares contrasted with sharp losses in Asia overnight, when MSCI's broadest index ofAsia-Pacific shares outside Japan fell 2.1%to its lowest since December, hurt by concerns over tighterregulations in China. In the United States, investors will closely parse comments by Federal Re...