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It all begins Tuesday, when Federal Reserve Chair Jerome Powell delivers his two-day biannual monetary policy testimony on Capitol Hill. With the S&P 500 Index coming off its best week in a month, investors will be searching for any hint on the central bank’s interest-rate hiking path
(Bloomberg) -- As stocks rally back toward record highs, demand for protection against market losses is plummeting after traders spent much of this year paying up for hedges.
Track the global equity, currency & commodity markets here.
US stocks fell, dragged lower by tech shares as inflation concerns weighed on US consumer sentiment, which declined to a fresh decade low as views about personal finances deteriorated.
UBS is warning investors to expect more choppy trading after a roller coaster ride in January. The strategists said inflation will peak in the next