Stocks Tumble on Surging Treasury Yields
The major indexes fell for a third straight day as an ongoing climb in Treasury yields and the prospects for another Fed rate hike unnerved investors.
Closing Market Update
The major indexes fell for a third straight day as an ongoing climb in Treasury yields and the pro-spects for another Fed rate hike unnerved investors.
Opening Market Update
Stocks are retreating toward mid-August lows as investors contemplate sharp gains in Treasury yields following the Fed meeting yesterday. Though the Fed paused rate hikes, its projections essentially removed two expected rate cuts for 2024.
Today's Options Market Update
Stocks are lower across the board as yields on the 10-year breakout to 15-year highs.
Looking to the Futures
The December Gold contract (GCZ23) traded at 1953.90, up .20 points in late afternoon trading on Wednesday following a Hawkish Fed meeting where they chose to maintain current target rates.
Stocks Lower on Potential for More Rate Hikes
Fed leaders concluded a two-day policy meeting by leaving interest rates unchanged, as expected, but signaled another rate increase later this year could be necessary.
Quarterly Market Outlook: A Delicate Balance
The Federal Reserve weighs the data while investors wonder: Is the rate-hike cycle over?
Fed Pauses but Projects One More Hike This Year
The September Federal Reserve meeting provided few surprises, but ongoing uncertainty about the Fed's next move may mean more volatility ahead.
Say Goodbye…to Great Moderation?
A return to the Great Moderation Era looks unlikely, which might lead to an increasingly volatile—and somewhat unfamiliar—inflationary, economic, and geopolitical landscape.
Stocks Lower Ahead of Fed Meeting
A bounce in Treasury yields weighed on the major indexes Friday, as investors looked ahead to next week's Fed meeting.