It was a September investors will remember — and not in a good way. A Friday drop left the S&P 500 and Dow Jones Industrial Average with their biggest monthly losses since March 2020. And it was the worst September performance for both indexes since 2002. Seasonally inclined investors may
(Bloomberg) — US Treasury yields surged on Monday, with poor demand for a two-year note auction triggering renewed selling that propelled key benchmarks higher by more than 20 basis points — and sent the 10-year rate up by the most since the March 2020 Covid crash. Most Read from Bloomberg
(Bloomberg) — Week by week, the bond-market crash just keeps getting worse and there’s no clear end in sight. Most Read from Bloomberg With central banks worldwide aggressively ratcheting up interest rates in the face of stubbornly high inflation, prices are tumbling as traders race to catch up. And with
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 30, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared.
From the turbulence of Covid lockdowns and the accelerated impact of climate change, to the conflict in Ukraine, chief financial officers have to handle an ever wider range of unforeseen scenarios caused by factors beyond their control. The invasion of Ukraine poses a specific challenge to the global economy that
U.S. stocks sank Friday as investors digested two downbeat prints on the U.S. economy. May data on inflation showed price increases unexpectedly accelerated last month, with consumer prices rising 8.6% year-over-year in May, the most since 1981. Consumer sentiment data released Friday morning came in at a record low, as
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable
To say that it has been a perilous stretch for bullish stock investors on Wall Street lately is a bit of an understatement. Marked by stomach-churning volatility and bruising losses in once-popular technology trades, the S&P 500 is on track for the worst start to a year, through the first