European stocks are at record highs for first time in 25 years. Here’s what’s driving the ‘catch-up trade.’
After lagging the U.S. for much of the past decade, European stocks have galloped ahead of their American rivals since the ...
Why oil didn't budge much in a hectic week
Global benchmark crude prices eked out their first weekly gain in a month on Friday, while U.S. benchmark crude fell for the week, as traders weighed President Donald Trump's day ...
Treasury yields end at 1-week lows after steep drop in January retail sales
Friday's surprisingly steep decline in retail sales for January triggered a rally in U.S. government debt that sent yields to their lowest closing levels in a week. Two- and 10-year yields finished at ...
Stocks poised to break out of post-election trading range: Nationwide
The S&P 500 came within a whisker -- one point -- of a fresh intraday record earlier. Whether the index can register a fresh closing high on Friday remains to be seen. It's still worth pointing out ...
Equal-weight S&P 500 clings to gain as these sectors trade in the green
A gauge of the U.S. equities that equally weights stocks in the S&P 500 index was clinging to a slight gain on Friday afternoon. The Invesco S&P 500 Equal Weight ETF was up 0.1% in afternoon trading, ...
S&P 500, Nasdaq head for first weekly advance in three weeks
U.S. stocks saw the pace of their advance slow on Friday after tallying strong gains one day earlier. Market strategists largely attributed Thursday's rally to the perception that President Trump's ta ...
Dow turns lower as stocks give up early gains ahead of long holiday weekend
U.S. stocks have seen their modest early gains ease in recent trading, with the S&P 500 briefly dipping into the red, with the long holiday weekend ahead. While the really in stocks appeared to pause ...
It's almost the weekend. Don't forget the chocolate!
For Valentine's Day, your go-to gift might be chocolate, and that's a great idea as the National Confectioners Association reports that 65% of U.S. consumers reported turning to chocolate as an ...
Retail sales report suggests consumers weren’t trying to ‘front-run tariffs’
The drop in U.S. retail sales in January was broad, with “little evidence of consumers trying to front-run tariffs,” according to Capital Economics. “The large fall in control group retail sales in ...
Treasury yields decline after report shows U.S. retail sales fall more than expected
Treasury yields were falling Friday, as investors weighed fresh data showing U.S. retail sales declined last month more than expected. The yield on the 10-year Treasury note was down about 5 basis ...
Room for skepticism in soft retail report: strategist
Treasury yields were falling Friday after a weak retail spending report for January. But don't bet on the report signaling an inflection point for the consumer, said Will Compernolle, macro strategist ...
Fed-funds futures traders see decent chance of two rate cuts by December
Friday's bigger-than-expected drop in retail sales for January has prompted traders to nudge up their expectations for 2025 rate cuts by the Federal Reserve to as many as two. After the retail-sales ...