If you managed to sleep through May or just avoided your brokerage app, congratulations. You may be sitting on gains despite major averages punishing investors with heartbreaking declines of up to 10% at month lows. Once the dust settled, the S&P 500 (^GSPC) finished slightly higher while the Dow Jones (^ DJI) gained only 13 …
A late May rally in stocks is not yet cause for celebration for investors Read More »
NEW YORK, May 27 (Reuters) – Bad news could be good news for Wall Street again, as fans hope the Federal Reserve won’t need to tighten policy as much as expected. Home sales fell for a third consecutive month, while big misses from retail giants such as Target Corp (TGT.N) and Walmart Inc. (WMT.N) rocked …
US consumer spending rises, rising inflation slows Wall Street rallies and ends a weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday as the yield on benchmark U.S. Treasuries fell after data showed U.S. consumer spending rose in April and …
Global stock markets rally, Treasury yields fall on inflation data Read More »
2/2 © Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic chart displaying the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, on March 7 2/2 By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) …
Stocks rally as euro jumps on likely rate hikes By Reuters Read More »
What initially looked like a Heat romp on Saturday turned into a sweat for Miami with its best player sidelined. But once the game was over, the Heat emerged with a hard-fought victory 109-103 over the Boston Celtics to secure a 2-1 series lead in the Eastern Conference Finals. They did it so late without …
Heat survives Jimmy Butler injury, Celtics wild rally take 2-1 lead in Eastern Final Read More »
