Markets today: U.S. stocks rise as Powell's remarks drive yields down

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Stocks joined bonds higher, with traders looking at prospects for Federal Reserve rate cuts after Jerome Powell cited signals the U.S. is back on a disinflationary path.

Markets today: U.S.

What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free lifestyleHomebuilders Cut on ‘Sluggish’ Housing Market, Florida ConcernsDog Boarding to Dentists Turn Dallas Landlord Into a BillionaireDubai to Build Three Office Towers, Sidestepping Global SlumpChina New Home Sales Struggle in Face of Lopsided RecoveryShift Occurring in US Housing Market as Mortgage Lock Loosens UpSwedish Housing Prices Rise for Sixth...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Markets today: U.S. stocks climb and bond yields fall as Powell speaksStocks hit fresh all-time highs and bond yields slumped as traders waded through Jerome Powell’s remarks for more clues on the Federal Reserve’s next steps.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Asian stocks are mixed after US markets were closed for JuneteenthHONG KONG (AP) — Asian stocks were mixed in thin trading Thursday after U.S. markets were closed in observance of Juneteenth.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Markets today: ‘Mag seven’ drive U.S. stocks toward all-time highsThe world’s largest technology companies drove stocks toward all-time highs, while bond yields fell with traders almost fully pricing in two Federal Reserve rate cuts in 2024.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: tech lifts U.S. stocks as FedEx up in late hoursA rally in the world’s largest technology companies lifted stocks, with Nvidia Corp. climbing 7 per cent after a US$430 billion selloff.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Tech megacaps lift stocks after Nvidia’s selloffA rally in the world’s largest technology companies lifted stocks, with traders also wading through economic data and remarks from Federal Reserve speakers for clues on the outlook for rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: tech hits U.S. stocks as Nvidia extends selloff to 13%Stocks lost traction as an about US$400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather.
Source: BNNBloomberg - 🏆 83. / 50 Read more »