Wall Street To Bounce Back
Private sector employment and weekly jobless claims might be the highlights on Thursday. The Monthly Jobs Report of the Labor Department also will get attention.
Source: rttnews.com
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Interest Rates Unlikely To Fall Soon: Bond Guru Projects 10-Year Yields Spiking To 5.5% In 2024 - US Treasury 10 Year Note ETF (NASDAQ:UTEN)
Jim Bianco projects 10-year Treasury yield to reach 5.5% in 2024 due to a hawkish Fed approach and resilient economy.
Source: benzinga.com
Futures Points To Broadly Lower Open For Wall Street
Wednesday, given the year-end trading and New Year holidays, trading might remain relatively subdued. There are not many economic announcements today. Investors might be influenced by geopolitical signals.
Source: rttnews.com
Gold Futures Settle Notably Higher As Dollar, Bond Yields Drop Again
Gold prices climbed higher on Wednesday, as the dollar weakened and long term bond yields dropped amid rising expectations the Federal Reserve will lower interest rates as early as March 2024.
Source: rttnews.com
Wall Street Set To Open Broadly Higher
Early signs from the U.S. Futures Index suggest that Wall Street might open positive on Tuesday after the Christmas holidays. Asian shares finished mostly down, while European shares are trading broadly up.
Source: rttnews.com