May 10, 2024
Investors

Investors brace for volatility as hot CPI fuels sell-off

The hotter-than-expected March Consumer Price Index (CPI) report has triggered a broad market sell-off, with stock futures feeling the most pressure. Edward Jones CEO Penny Pennington joins Yahoo Finance Live to discuss market outlooks and investment strategies. Pennington explains that the CPI inflation print has raised investor concerns about the prospect of “higher interest rates

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Investors

What investors with $6.5 trln in cash should do while waiting for Fed rate cuts

The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy

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