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Wall Street rallies
Wall Street stocks waver after robust US data puts brake on bets on interest rate cuts
“People are surprised by the economic strength in the US,” said Jason Lui, head of Asia-Pacific equity and derivative strategy at BNP Paribas. “With US interest rates so high you will have a liquidity drain in Asia, with capital flowing to the US or staying there.”
Stock market today: Wall Street rallies after encouraging inflation data and strong bank profits
U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also helping send indexes higher.
Stock Futures Rise as Market Braces for Inflation Data, Bank Earnings
U.S. stock futures were inching higher on Wednesday, but the market remained on edge ahead of monthly consumer price inflation data and quarterly results from several big Wall Street banks that could set the tone for the fourth-quarter earnings season.
3d
on MSN
Wall Street Slashes Interest Rate Cut Bets After Jobs Data: Are Hikes Back On The Table?
Wall Street analysts are rethinking their interest rate forecasts after December's unexpectedly strong jobs report shattered ...
3d
on MSN
Wall St opens lower as investors dial back bets on Fed rate cuts this year
Wall Street's main indexes opened lower on Monday, as yields surged after robust payroll numbers last week bolstered ...
2d
Why Wall Street is betting on small-cap stocks this year
Wall Street analysts are growing increasingly bullish on small-cap stocks (IWM, ^RUT) as a potential outperforming sector in ...
1d
ASX to leap, Wall St surges on bank profits, rate cut bets
Australian shares are set to open up more than 1 per cent. All three US benchmarks leapt higher, bond yields dropped on hopes ...
6d
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
2d
Wall Street Traders Hold Their Breath Before CPI: Markets Wrap
Stocks bounced around all day long, with traders unwilling to make any significant bets as they awaited key inflation data ...
Inside Bitcoins
2d
Pepe’s Potential to Flip Dogecoin Faces Doubts as Wall Street Pepe Emerges as a Strong Rival
Pepe Coin's recent 30% drop leaves its future uncertain. Meanwhile, Wall Street Pepe has raised over $47.5 million, ...
7d
China steps up defence of renminbi against Wall Street bets
The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi ...
1d
Wall Street Lunch: Bulls Throw Big Party For Small Core CPI Miss
December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in July. Big bank earnings impress investors ...
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