Stock Market Today: Dow lower as Treasury yields rise after retail sales surprise By Investing.com

, well above expectations for 0.4%, marking the biggest increase since JanuaryThe data pointing to signs of consumer strength cooled bets the Fed may not have to resume rate hikes later this year, and further pushed out expectations for rate cuts.

Bets on a Fed November rate hike rose to 32.2% from 26.4% last week, according to the CME FedWatch Tool.“We expect retail sales to weaken through the end of the year is expected as availability of credit weighs on economic activity and the labor market,” Morgan Stanley said in a note.jumped to end the day at their highest level since October amid easing bets of less hawkish Fed action.

Another downgrade of the U.S. banking industry to A+ from AA-, would force it to reassess its ratings on each of the more than 70 U.S. banks it covers, Wolfe told CNBC.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Dow ends higher as Nvidia leads tech rally on dip-buying fever By Investing.com*U.S. STOCKS END HIGHER, NASDAQ RALLIES 1% AS NVIDIA LEADS TECH RALLY ON DIP-BUYING FEVER $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Stock Market News Today: Indexs decline as China's property woes swirlUS stocks edge lower as August slump continues amid China property woes
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Stock market today: Wall Street drops as faltering Chinese economy sets off global slideA sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »