Markets today: Stocks sink as U.S. CPI shuts door on Fed June pivot

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

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Wall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the U.S. Federal Reserve will be in no rush to cut interest rates this year.

Markets today: Stocks sink as U.S. CPI shuts door on Fed June pivotZimbabwe’s ZiG Strengthens for Second Day, Gains 0.

2% to DollarVitol’s Millionaire Traders Aren’t Motivated by Money, CEO SaysThames Water Bondholder Warns Haircuts Risk Triggering ContagionOlympic Gold Medalists in Track to Get $50,000 in Prize MoneyUS Core CPI Tops Forecasts Again, Likely Delaying Fed Rate CutsRussian Oil Is Once Again Trading Far Above the G-7’s Price Cap EverywhereANC Support Plunges in South African Poll as Zuma Party SurgesSouth Africa Fossil Fuel Subsidies Top $6 Billion, Study ShowsEU Weighs NATO Role to Shield Energy...

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 CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Stocks jump to new highs as Fed buzz lifts marketsRelieved investors continued to celebrate the Federal Reserve's signal that it will delay but not slow rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Markets today: Asian stocks to gain on Fed, gold at record highGlobal equities rallied to all-time highs, with tech stocks leading the charge in Europe, as traders grew more confident on the path for lower interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks churn before Fed with Powell as 'wild card'Wall Street traders refrained from making any big bets ahead of the U.S. Federal Reserve decision as they braced for whether Jerome Powell will throw cold water on rate-cut hopes.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks fall as Wall Street trims risk before FedStocks fell as traders took some chips off the table ahead of the highly anticipated U.S. Federal Reserve decision that will help shape the outlook for rate cuts this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: U.S. stocks join losses in bonds as Fed-cut wagers fadeWall Street traders sent both stocks and bonds lower after solid US factory data reinforced speculation that the Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »