The S&P 500 hit another record as Macy’s and Kohl’s posted strong earnings and unemployment data showed the labor market is continuing to recover. The S&P 500 gained 0.34% to 4704.54. The Dow Jones Industrial Average decreased 0.17% falling to 35870.95 while the Nasdaq Composite was up 0.45% at 15993.71. The 10- and 30-year U.S.…

Stock markets have opened mixed in Asia with safe haven assets, including gold, Japanese yen and government bonds, trading higher. The hint of risk off mood crept into the markets, as investors feel less at ease with the outlook for interest rates and growth. Oil prices dropped to a six-week low on concerns over supply…

Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields. The S&P 500 extended a rally overnight on expanding retail sales and solid reports from the likes of Home Depot Inc. that supported confidence in the U.S.…

US stocks closed lower as market focused on rising inflation and its impact on borrowing costs. The DOW closed marginally lower by 0.04% with early gains from Boeing’s surge failing to hold up the index. The NASDAQ shed a similar 0.04% while the S&P closed flat. Yields on 10Y USTs closed higher at 1.6145%. ECB…

Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes’ climb as investors looked past disappointing U.S. economic data. Despite their advances, all three major U.S. stock indexes ended the session below last Friday’s close, ending a five-week streak of weekly gains. The University of Michigan’s preliminary consumer sentiment data for November…

In U.S, the dollar held a rally in the wake of the inflation print and caution triggered by a U.S. warning that Russia may be weighing a potential invasion of Ukraine. Five-year notes led a continued selloff in Treasuries after a trading holiday. The spread between 5-year and 30-year yields shrank, at one point to…

Stocks fell after data showing that inflation hit a three-decade high added to investors’ concerns about price pressures in the economy. The S&P 500 lost 0.82% to 4646.71. The Dow Jones Industrial Average decreased 0.66% falling to 36079.94 while the Nasdaq Composite was down 1.66% at 15622.71. Treasuries also tumbled Wednesday, sending yields surging after…

The S&P 500 snapped its eight-day winning streak Tuesday, as investors eased their bullish bets amid a Tesla-fueled slump in consumer discretionary stocks and weakness in financials as U.S. Treasury yields slid. The S&P 500 fell 0.36%, the Dow Jones Industrial Average lost 0.31%, or 112 points, the Nasdaq slipped 0.60%. In other news, speculation…

US stocks inked yet another set of records as the positive sentiment in markets continues, albeit with meagre gains on Monday. The DOW led, up 0.29% while the S&P and the NASDAQ rose 0.09% and 0.07% respectively. Yield on 10Y USTs closed higher at 1.4897%. German industrial production contracted in September as supply chain bottlenecks…

Asian markets have opened mixed this morning supported by an upbeat US October payroll report but faced by worries over this week’s reading on US inflation report. On the positive side, US Congress has passed a long-delayed $1 trillion infrastructure bill and the weekend data from China showed that China’s exports beat forecasts in October…