Stocks edge higher, Treasury yields soar after strong jobs data

  • 📰 latimes
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 82%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Stock indexes ended a bumpy day higher on Wall Street Friday while Treasury yields soared, after a healthy report on the U.S. job market strengthened expectations for coming interest rate hikes

Stocks notched modest gains and Treasury yields soared Friday on Wall Street after a healthy report on the U.S. job market strengthened expectations for coming interest rate hikes.

“This was a solid report,” said Brian Jacobsen, senior investment strategist at Allspring Global Investments.Despite high gas prices, a vehicle shortage is putting the brakes on what should be an EV boom and pushing buyers to search for work-arounds. A strong job market and economy give the Federal Reserve more leeway to raise interest rates sharply to beat down thethat’s sweeping the country. The Fed has already raised its key overnight rate once, the first such increase since 2018. After Friday’s job report, traders increased bets that the Fed will raise rates at its next meeting by double the usual amount.

Such a flip of the usual relationship between two- and 10-year yields has preceded many recessions in the past, though it hasn’t been a perfect predictor. Some market watchers caution the signal may be less accurate this time, because of distortions in yields caused by extraordinary measures by the Federal Reserve and other central banks to keep interest rates low.Amazon workers in Staten Island, N.Y., have voted to unionize, marking the first successful U.S.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Progress How could President Biden allow that

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 11. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Now that the key yield curve has inverted, here's what typically happens to stocks nextFor investors wondering what the yield curve inversion means for the market, it is not necessarily a death knell for stocks. Only people want a recession is the elitist Wall Street. To make more money. Just crap.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Santoli: Bonds are not allowing stocks to relax fully into a new month and quarterThis is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. ZoroToken
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks on Pace for Worst Quarter in Two Years Despite Strong FinishMajor indexes are on track for their worst quarterly performance in two years as individual stocks and other markets experience extreme moves amid inflation, rising rates and war in Ukraine. 👇🏼⚠️👇🏼 Fed's economic experiment post '08 continues. No one knows the future. The stock market is ready to pop, and real estate.
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

Best trades on CNBC Thursday: Pros pick their favorite semiconductor stocks after AMD downgradeA recap of Thursday's best stock picks on CNBC. ASML is a good one But Jim stays silent on QCOM I think they are quietly buying AVGO
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

U.S. stocks end higher Friday, S&P 500 and Nasdaq book third week of gainsU.S. stocks finished higher Friday, as investors focused on a strong labor market that could smooth the way for a more aggressive path of interest rate hikes. The Dow Jones Industrial Average added about 140 points, or 0.4%, ending near 34,818:
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Stocks edge out gain as oil settles at $99 levelInvestors assess the state of the job market and inflation as the second quarter begins.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »