* S&P 500 has biggest daily pct gain since May 2020. * Copper falls again, oil ends higher. * Treasury yields edge up. By Caroline Valetkevitch. Stocks on global markets rallied on Friday and registered strong gains for the week as a recent slide in commodity prices eased worries about inflation and the rate hike outlook.
Speculators trimmed their net
bearish bets on U.S. Treasury five-year note futures to their
lowest since September 2021 in the latest week, but increased
bearish bets in other parts of the curve, ...
Speculators trimmed their net bearish bets on U.S. Treasury five-year note futures to their lowest since September 2021 in the latest week, but increased bearish bets across the rest of the curve, Commodity Futures Trading Commission data showed on Friday.
U.S. Treasury yields rose from
two-week lows on Friday as investors weighed the likelihood that
the Federal Reserve will spark an economic downturn as it
aggressively hikes interest rates in a bid to ...
* U.S. stocks sharply higher early. * Copper falls again, oil higher. * Treasury yields edge up. By Caroline Valetkevitch. Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased worries about inflation.
U.S. Treasury yields edged
higher on Friday and held just above two-week lows reached on
the previous day as investors weighed the likelihood that the
Federal Reserve will spark an economic downturn ...
The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market moves and data to gauge whether the world economy is headed for recession. Business activity is slowing, many stock indexes are in "bear" territory, while higher borrowing costs are squeezing corporate and consumer spending.
The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market moves and data to gauge whether the world economy is headed for recession. Business activity is slowing, many stock indexes are in "bear" territory, while higher borrowing costs are squeezing corporate and consumer spending.
Safe-haven German bond yields were set for their first weekly fall since mid-May on Friday after growth fears gripped markets, though they reversed some of the drop after a German business sentiment survey indicated a recession was not yet in sight. Prior to this week, yields had risen sharply in the face of red-hot inflation and aggressive central bank rate hikes.
U.S. investors turned net buyers of equity funds in the week ended June 22, due to an increased interest in mega-cap growth firms after a selloff in the previous weeks due to fears of a recession. According to Refinitiv Lipper data, investors purchased U.S. equity funds worth $11.38 billion after sales of $21.56 billion in the previous week.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required