Rising oil prices and persistent inflation fears pushed bond yields higher Tuesday, weighing down stocks on Wall Street.
The U.S. stock market is holding relatively steady Friday, and expectations are building in the bond market for the Federal Reserve to hike interest rates soon to get the nation’s high inflation under control.
A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the U.S. Treasury Department created the day before.
U.S. stocks are ticking higher Wednesday after the U.S. Treasury Department said it will buy more U.S. government bonds in a move that eased pressure on financial markets worldwide.
Wall Street is pulling further from its all-time high on Tuesday as AI stocks get back to sinking.
U.S. stocks are drifting near their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with high inflation and a slowing job market.
The U.S. stock market is rising toward an all-time high on Thursday following the latest sign that inflation is getting less bad. Stocks also got a lift from easing oil prices in their latest yo-yo move.
Truth Social in its first-ever earnings call says its newest product already has more than 10 customer agreements.
U.S. stocks are hanging around their records on Tuesday, while oil prices keep swinging on uncertainty about when the war with Iran will allow crude to flow freely again.
Brent oil shot to its highest price since May on Thursday as increased fighting in the Middle East threatens to slow the global flow of crude.
