May 17, 2024
Investors

Bracing for shallow Fed easing, bond investors take the middle of the curve road

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors are selectively adding longer-dated maturities to their portfolios on bets the Federal Reserve will delay cutting interest rates and reduce them at a slower pace than in previous easing cycles, starting with a decision to stand pat on rates at this week’s policy meeting. Some portfolio

Read More
Finance

The stock market has a ‘systemic problem’

Stocks are facing a familiar problem. Even as earnings for the first quarter come in better than expected, the market has struggled to climb higher consistently as rising Treasury yields weigh on sentiment for equities, reminding investors of the period in 2023 when higher yields sent stocks crashing. “Higher rates are now a systemic problem

Read More
Finance

S&P 500 dips toward 5,000, Nasdaq sinks

Stocks were mixed on Friday morning following a deeper sell-off after Israel’s retaliatory strike on Iran spooked the market overnight and spurred a rush to safe havens such as gold. The Dow Jones Industrial Average (^DJI) rose 0.5%. The S&P 500 (^GSPC) fell about 0.2%, pulling the benchmark index back to its 5,000 level, while

Read More
Finance

Why some parts of US ‘may not be livable’ for homebuyers

HousingWire Lead Analyst Logan Mohtashami joins Yahoo Finance to provide insights on the current state of the housing market. Mohtashami emphasizes that housing affordability “depends on the labor market.” He explains that if jobless claims increase, mortgage rates will likely fall, but if not, “then we’ll stay at these levels.” However, he highlights the improving

Read More
Finance

Wall Street Analysts Just Trimmed Price Targets for These 10 Stocks

In this article, we will discuss the 10 stocks whose price targets were recently trimmed by analysts. If you want to see more such stocks on the list, go directly to Wall Street Analysts Just Trimmed Price Targets for These 5 Stocks. Amidst fading expectations of interest rate cuts, the stock market exhibited mixed trends, with

Read More
Finance

Bond Traders Surrender to Higher-for-Longer Reality From the Fed

(Bloomberg) — Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a murky path forward for the market. Most Read from Bloomberg Treasury yields spiked in recent days and are on the cusp of setting new highs for the

Read More