US Stocks Rebound as Wall Street Debates Rates: Markets Wrap
US stock benchmarks rebounded after a tense week while the retreat in Treasuries extended as Wall Street debated the odds the Federal Reserve will raise interest rates again this year.
US stock benchmarks rebounded after a tense week while the retreat in Treasuries extended as Wall Street debated the odds the Federal Reserve will raise interest rates again this year.
The US expelled two Russian diplomats, weeks after Moscow ordered two Americans to leave, the latest tit-for-tat expulsions as relations continue to worsen between the two countries.
GameChange Solar, whose backers include a Koch Industries affiliate, has confidentially filed for an initial public offering that could take place as soon as next year, according to people familiar with the matter.
Federal Reserve Bank of Cleveland President Loretta Mester said Friday’s jobs report didn’t change her view that the labor market remains strong, and that further interest-rate hikes will depend on additional incoming data.
Hedge funds increased their bearish wagers on grain futures to the most since the early months of the pandemic as ample supplies and demand woes weigh on prices.
Wall Street stock traders have absorbed every blow this week, from ever-surging Treasury yields, relentless Federal Reserve hawkishness, dramas in commodities, and more. For all that, it’s a wonder just how well the equity-investing landscape is holding up.
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in the US so far this year.
Former President Donald Trump has repeatedly been accused of leaking US secrets, but the latest allegations against him involve key details about some of the most sensitive weapons in the US nuclear arsenal.
Oil set its biggest weekly drop since March as the possibility of higher interest rates roils financial markets, overshadowing the tight physical setup for crude that caused prices to skyrocket in the third quarter.
Barclays Plc has hired Brian Pope as a managing director in its communications and media investment banking group, according to an internal memo reviewed by Bloomberg News.