A Wall Street street sign in front of the New York Stock Exchange in New York, US, on Wednesday, July 31, 2024. --
U.S. Treasuries fell as demand for haven assets waned globally, with the market now turning to a $58 billion auction as the next test of investor appetite. Traders are also rowing back on expectations of deep cuts from the U.S. Federal Reserve. Swaps point to about 110 basis points of easing through this year, compared to as much as 150 basis points on Monday.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets today: Stocks rise on Fed-friendly data as Meta jumps 10%Stocks rose after the latest economic figures signaled further cooling that will be key for the U.S. Federal Reserve to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Stocks advance ahead of Microsoft, central banksU.S. stocks were set to extend gains as traders prepared for a raft of economic data releases, U.S. tech earnings and central bank decisions that will be critical in shaping the trajectory of market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Stock market news today: Stocks wobble to kick off huge week for marketsInvestors are bracing for a big week filled with a Fed rate decision, the jobs report and Big Tech earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Markets today: Stocks rally ahead of big week for rates, earningsU.S. stock futures strengthened on the back of equity gains in Europe and Asia, signaling rising optimism ahead of major central bank decisions and big tech earnings due this week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Stocks extend losses as worries go beyond AI frothA wave of earnings misses and worries about U.S. economic growth are driving losses across global markets, adding extra fuel to a selloff that was first sparked by traders pulling out of megacap tech.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Stocks slide on concern AI still a ‘show me’ storyStocks got hammered after a disappointing start of the megacap earnings season fuelled speculation the artificial-intelligence frenzy that has powered the bull market still needs to pay off.
Source: BNNBloomberg - 🏆 83. / 50 Read more »