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US stocks jumped on Tuesday as investor confidence was boosted by evidence of softer inflation. The Bureau of Labor Statistics reported that the producer price index rose 0.1% in July ...
The encouraging data comes after a weaker-than-expected July jobs report helped kickoff a market selloff last week. Treasury yields rose too, with the 10-year treasury yield up more than 10 basis ...
Scott Olson via Getty Images. US stocks closed mixed to start the week. Traders struggled to extend a comeback rally after erasing most losses from last week's big rout. New inflation data will ...
URL. www .marketwatch .com. Launched. October 30, 1997; 26 years ago. ( 1997-10-30) Current status. Online. MarketWatch is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with The Wall Street Journal and Barron's.
Treasury yields rose on the new data, with the 10-year bond yield up 12 basis points to 3.947% as investors dialed back expectations for a jumbo 50 basis point rate cut from the Fed next month.
Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: S&P 500: 5,332.46, down 0.3%. Dow Jones Industrial Average: 39,280.12, down 0.6% (221 points) Nasdaq composite ...
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Thom Calandra (born June 8, 1956, in Brooklyn, New York) is an American journalist, stock investor, and the former editor-in-chief and chief commentator for CBS MarketWatch from 1996 to January 2004, until his investigation by the U.S. Securities and Exchange Commission. Calandra writes for a number of other publications including the revived ...