Stock Futures Point to Further Losses After Tech Selloff. The S&P 500 is on track for its worst week in a month after bond yields rose sharply, damping appetite for technology shares and riskier assets. Boost to Household Income Primes U.S.
Global Markets Fall After Bond Yields Surge. International stocks dropped Friday, tracking declines in U.S. indexes, as a selloff in bonds helped dent investor appetite for richly valued shares. Airstrike in Syria, Targeting Iran-Backed Militia.
Global Markets Fall After Bond Yields Surge. International stocks dropped Friday, tracking declines in U.S. indexes, as a selloff in bonds helped dent investor appetite for richly valued shares. Airstrike in Syria, Targeting Iran-Backed Militia.
International stocks dropped Friday, tracking declines in U.S. indexes, as a selloff in bonds helped dent investor appetite for richly valued shares. Treasury notes rose in price, regaining some of the previous session's losses, and futures suggested stocks in New York could stabilize or gain slightly in Friday trading. Investors said the market had been reassessing prospects for interest-rate increases by the U.S.
Fed Officials Upbeat on Outlook, Bond Yield Rise Not Source of Concern. Federal Reserve officials said they continue to see the U.S. economy in recovery mode, with several noting they aren't concerned about the recent rise in long-term bond yields and see no need to use monetary policy to push against it. Stocks Fall Sharply, Led Lower by Tech Shares.
Fed Officials Upbeat on Outlook, Bond Yield Rise Not Source of Concern. Federal Reserve officials said they continue to see the U.S. economy in recovery mode, with several noting they aren't concerned about the recent rise in long-term bond yields and see no need to use monetary policy to push against it. Stocks Fall Sharply, Led Lower by Tech Shares.
The Dow Jones Industrial Average tumbled more than 550 points Thursday as a wave of selling that began in the technology sector took down swaths of the market. Stocks' momentum has faltered the past week as investors have faced a sharp and swift rise in bond yields. The yield on the benchmark 10- year Treasury note marked its biggest one-day advance since November and settled at its highest level in a year.
Federal Reserve officials said Thursday they continue to see the U.S. economy in recovery mode, with several noting they aren't concerned about the recent rise in long-term bond yields and see no need to use monetary policy to push against it. "Despite the near-term challenges, the longer-term outlook for the economy has improved, and our actions of the past year position monetary policy well to support a strong, full recovery and achievement of our goals of maximum employment and...
A wave of selling in U.S. government bonds intensified on Thursday, sending yields soaring after new data indicated a strengthening economic recovery and an auction of seven-year Treasurys met with tepid demand from investors. The yield on the benchmark 10- year Treasury note reached as high as 1.539% before finishing Thursday's session at 1.513%, according to Tradeweb-- its highest level in a year and up from 1.388% at Wednesday's close. Moves were also pronounced in...
A wave of selling in U.S. government bonds intensified on Thursday, sending yields soaring after new data indicated a strengthening economic recovery and an auction of seven-year Treasurys met with tepid demand from investors. The yield on the benchmark 10- year Treasury note reached as high as 1.539% and was recently 1.501%, according to Tradeweb-- up from 1.388% at Wednesday's close. Moves were also pronounced in shorter-dated bonds, with the five-year yield at one point...
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