US stocks tread water in thin trade, benchmark US yield backs off new high
2 weeks, 6 days ago

US stocks tread water in thin trade, benchmark US yield backs off new high

Live Mint  

By Stephen Culp and Alden Bentley NEW YORK -Wall Street closed mixed on Thursday and the U.S. benchmark Treasury yield eased after scaling the highest level since May in light, directionless post-Christmas trading. The three U.S. stock indexes were all nearly unchanged, paring mild early declines and interrupting what looked early this week like a nascent "Santa Claus rally," in which shares get a seasonal boost from low liquidity, tax-loss harvesting and investment of year-end bonuses. "It's light volume and now we are recovering some earlier losses due to some profit taking from Tuesday's rally," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. MSCI's gauge of stocks across the globe rose 0.06%, appearing on course to wrap up the year with a second consecutive annual gain of more than 17%, unfazed by escalating geopolitical tensions and economic headwinds.

Market Fed Fell Yield  market  highest  backs  fell  early  closed  probably  benchmark  rally  trade  rose  yield  high  tread  stocks  gold  water

History of this topic

Oil Climbs in Year’s First Session With US Stockpiles in Focus
Trending News
1 week, 5 days ago

Oil Climbs in Year’s First Session With US Stockpiles in Focus

Live Mint  

Oil began 2025 by rising to the highest level since November, boosted by a report of shrinking crude stockpiles in the US and bullish technical indicators. A report from the American Petroleum Institute showed inventories fell by 1.4 million barrels last week, a sixth straight draw if confirmed by government data later Thursday. It’s the fourth straight session of gains, …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
2 weeks ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Stocks hit, dollar slips in illiquid year-end profit taking
2 weeks, 5 days ago

Stocks hit, dollar slips in illiquid year-end profit taking

Live Mint  

By Alden Bentley, Naomi Rovnick and Ankur Banerjee NEW YORK/LONDON/SINGAPORE -U.S. stocks wrapped up Christmas week on Friday with retracements of double-digit uptrends, and, alongside the dollar to a smaller degree, succumbed to profit taking in illiquid markets heading into the last weekend of 2024. "I’ve heard anecdotes that pension funds are rebalancing ahead of year-end, selling stocks and buying …

Stocks rally as investors cheer US inflation relief
3 weeks, 2 days ago

Stocks rally as investors cheer US inflation relief

Live Mint  

By Amanda Cooper and Wayne Cole LONDON/SYDNEY - Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. The euro has hit two year lows in recent weeks and is also heading for its weakest quarterly performance against the dollar …

Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains
4 weeks ago

Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains

Live Mint  

By Georgina McCartney HOUSTON - Oil prices settled higher on Wednesday after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow the pace of cuts. U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ending Dec. 13, the Energy …

US stocks end higher ahead of Fed, bitcoin surges
4 weeks, 1 day ago

US stocks end higher ahead of Fed, bitcoin surges

Live Mint  

By Stephen Culp NEW YORK - Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused and investors readied for a busy central bank week. Investors will scrutinize the Fed's Summary of Economic Projections and its "dot plot," which maps out the central bank's future rate cut path, which has …

Global stock index falls, bond yields rise ahead of rate decisions
1 month ago

Global stock index falls, bond yields rise ahead of rate decisions

Live Mint  

* Wall Street stocks end close to flat, Europe ends down * Oil prices settle higher, * Dollar rises against yen, falls against the Euro By Sinéad Carew and Harry Robertson NEW YORK/LONDON Dec 13 - MSCI's global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from …

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision
2 months, 1 week ago

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision

Live Mint  

US stock indices rose slightly on Thursday after storming to record highs in previous session on former president Donald Trump's presidential election victory. As of 10:10 am Eastern time, the S&P 500 was up 0.5 per cent, the Dow Jones Industrial Average was up 0.1 per cent, and the Nasdaq Composite was 1.1 per cent higher. At the opening bell, …

US yields dip as ’Trump trades’ unwind in tight presidential race
2 months, 1 week ago

US yields dip as ’Trump trades’ unwind in tight presidential race

Live Mint  

* Iowa poll shows Harris ahead of Trump, weighs on yields * US 10-year yields on track for largest fall since early Sept. 4 * US two-year yields show biggest decline in three weeks * US 2/10 yield curve bull flattens * US Treasury three-year notes auction show weak results By Gertrude Chavez-Dreyfuss NEW YORK, - U.S. Treasury yields slid …

Dollar, stocks tread water before tight US election
2 months, 1 week ago

Dollar, stocks tread water before tight US election

Live Mint  

By Koh Gui Qing and Tom Wilson NEW YORK/LONDON -The dollar fell while stocks eked out slim gains on Monday as investors treaded carefully before the U.S. presidential election which will impact the world economy, with a U.S. Federal Reserve interest rate cut also expected later in the week. In the U.S. presidential race, Democratic candidate Kamala Harris and Republican …

Rupee turns flat at 83.73 against U.S. dollar in early trade
5 months, 1 week ago

Rupee turns flat at 83.73 against U.S. dollar in early trade

The Hindu  

The Rupee turned flat at 83.73 against the U.S. currency on August 2 amid weak equity markets and an upward movement in crude oil prices overseas. According to forex traders, “the Indian currency found support due to softening the dollar against major rivals following the U.S. Federal Reserve’s decision to maintain the status quo on interest rates and some inflows …

Wall Street today: US stocks surge on rate cut hopes
8 months, 1 week ago

Wall Street today: US stocks surge on rate cut hopes

Live Mint  

Wall Street: US stocks surged on Monday on greater hopes of the US Federal Reserve cutting interest rates this year following last week’s softer-than-expected jobs data. ET, the Dow Jones Industrial Average rose 146.36 points, or 0.38 per cent, to 38,822.38, the S&P 500 gained 26.70 points, or 0.52 per cent, to 5,154.49 and the Nasdaq Composite gained 85.00 points, …

World markets today: US stocks edge up after slew of economic data
9 months, 1 week ago

World markets today: US stocks edge up after slew of economic data

Live Mint  

US stocks edged up on Wednesday, after slew of economic data. As of 10:10 a.m. Eastern time, the Dow Jones Industrial Average was up 64 points, or 0.2 per cent, the S&P 500 was 0.2 per cent higher, and the Nasdaq Composite was 0.1 per cent higher. At the opening bell, the Dow Jones Industrial Average fell 30.65 points, or …

Oil drops 2.5% on demand worries after rise in US gasoline inventories; Brent crashes to $75/bbl
1 year, 1 month ago

Oil drops 2.5% on demand worries after rise in US gasoline inventories; Brent crashes to $75/bbl

Live Mint  

Oil prices fell by 2.5 per cent on Wednesday, December 6, as a bigger-than-expected rise in US gasoline inventories worried markets about demand and outweighed a draw in crude stocks. Back home, on the Multi Commodity Exchange, crude oil futures due for a December 18 expiry, was last trading lower by 4.75 per cent at ₹5,791 per bbl, having swung …

Oil prices jump 2% on supply worries after large US stock drawdown
1 year, 2 months ago

Oil prices jump 2% on supply worries after large US stock drawdown

Live Mint  

Oil prices gained nearly $2 in early trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stocks amid worries about supply disruptions from the Middle East due to a deepening Israel-Hamas conflict. U.S. crude stocks fell by about 4.4 million barrels in the week ended Oct. 13, according to market sources citing American Petroleum Institute figures …

Markets trade with slight gains amid weak trends in global equities; Rupee falls 20 paise against US dollar
1 year, 6 months ago

Markets trade with slight gains amid weak trends in global equities; Rupee falls 20 paise against US dollar

India TV News  

Stock markets: Equity benchmark indices climbed in early trade on Thursday amid unabated foreign fund inflows but later faced volatile trends after a record-breaking rally in the past few trading sessions. "Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trade, with profit-taking likely to continue after yesterday's Federal Open Market Committee minutes meeting hinted …

Global markets update: US stocks rise as major banks clear Fed’s stress test
1 year, 6 months ago

Global markets update: US stocks rise as major banks clear Fed’s stress test

Live Mint  

US stocks rose on Thursday as banks rallied after Federal Reserve's annual stress test showed that the biggest US banks have enough capital to weather a severe economic slump. Energy prices Brent crude for August delivery rose 31 cents to $74.34 a barrel on Thursday. Canada Canada stocks rose on Thursday, with the Toronto Stock Exchange's S&P/TSX composite index closing …

Global markets update: US stocks up on hopes of no hike in Fed rates
1 year, 7 months ago

Global markets update: US stocks up on hopes of no hike in Fed rates

Live Mint  

US stocks rose on Thursday on hopes that the Federal Reserve will not hike interest rates next week. Fears that the US Federal Reserve could opt for a hawkish stance in its meeting next week and expectations that the European Central Bank will continue to tighten its monetary policy weighed on global stock markets. Australia’s S&P/ASX 200 index fell 0.3% …

Global markets update: US stocks rise on hopes of pause in Fed rate hikes, debt deal approval
1 year, 7 months ago

Global markets update: US stocks rise on hopes of pause in Fed rate hikes, debt deal approval

Live Mint  

US stocks rose on Thursday on hopes that the Federal Reserve may pause interest rate hikes and on approval to debt deal. A report on Thursday showed that fewer workers applied for jobless benefits last week than expected, while another suggested employers increased their payrolls last month by more than forecast. Europe European stocks rebounded on Thursday on easing inflation …

US stocks gain, Treasury yields hit multi-year highs ahead of expected rate hike
2 years, 8 months ago

US stocks gain, Treasury yields hit multi-year highs ahead of expected rate hike

Live Mint  

Wall Street recovered some lost ground on Monday and benchmark U.S. Treasury yields hit a 3-1/2-year high at the start of an eventful week of corporate earnings, economic data, and an expected interest rate hike from the U.S. Federal Reserve. All three major U.S. stock indexes were last modestly green as the 10-year Treasury yield crept closer to the 3% …

Wall Street sinks, bond yields climb on policy concerns
2 years, 9 months ago

Wall Street sinks, bond yields climb on policy concerns

Live Mint  

Wall Street stocks fell, while bond yields and the dollar rose on Thursday as investors worried that aggressive U.S. policy tightening could hurt the economy, while the European Central Bank signalled a steady reduction of stimulus. The U.S. Federal Reserve should reasonably consider raising interest rates by a half percentage point at its next meeting in May, New York Fed …

Inflation fears persist as traders brace for US interest rate rises
2 years, 9 months ago

Inflation fears persist as traders brace for US interest rate rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Michael Hewson, chief market analyst at CMC Markets UK, …

Oil prices resume climb after U.S. stockpiles drop in tight market
2 years, 9 months ago

Oil prices resume climb after U.S. stockpiles drop in tight market

Hindustan Times  

Oil prices turned higher on Wednesday, erasing losses from the previous session, after industry data showed U.S. crude stocks fell last week, underlining how tight global supplies are amid the hit to Russian output from economic sanctions on Moscow. While prices dipped on Tuesday as it appeared the European Union was unlikely to agree to a ban on Russian oil, …

Oil prices spike 4% and top $100 for first time since 2014 while global stocks tank
2 years, 10 months ago

Oil prices spike 4% and top $100 for first time since 2014 while global stocks tank

Daily Mail  

Global stocks slumped on the Asian markets on Thursday. As one of the worst post-Cold War security crises in Europe for decades worsened, oil prices gained more than $1 on Thursday morning as Russia's invasion of Ukraine began. Oil rose to more than $100 a barrel for the first time since 2014 on Thursday morning as Russia moved troops into …

Asian shares head higher, oil falls as Suez Canal ship re-floated
3 years, 9 months ago

Asian shares head higher, oil falls as Suez Canal ship re-floated

Al Jazeera  

Salvage teams have freed a container ship stuck in the crucial waterway since last week, blocking hundreds of vessels. Asian share markets have edged higher while oil prices slipped as a giant ship blocking the Suez Canal was refloated, raising hopes the vital waterway could reopen and ease global shipping backlogs. Salvage teams freed the Ever Given in the Suez …

Wall Street subdued, crude prices fall at the close of a tumultuous year
4 years ago

Wall Street subdued, crude prices fall at the close of a tumultuous year

Live Mint  

NEW YORK: U.S. stocks were little changed on Thursday and crude oil prices retreated as investors prepared to close the book on a turbulent year of pandemic, recession and recovery. "Unless there's a big news item, traders and investors are happy with a 15% year for the S&P 500," said Oliver Pursche, president of Bronson Meadows Capital Management in Fairfield, …

Oil prices up on weaker dollar and lower inventories
4 years ago

Oil prices up on weaker dollar and lower inventories

Live Mint  

Oil prices rose on Wednesday on the back of a weaker dollar, a decline in US inventories and Britain's approval of a second coronavirus vaccine, but both benchmark contracts remained on track for a decline of about 20% for the year. Both contracts turned negative briefly in early US trading as a bigger fiscal aid package in the United States …

Oil Holds Above $41 With Weaker Dollar, Falling U.S. Stockpiles
4 years, 5 months ago

Oil Holds Above $41 With Weaker Dollar, Falling U.S. Stockpiles

Live Mint  

Oil edged higher as U.S. crude stockpiles were set to have fallen last week, while the dollar slid again. U.S. inventories fell by 6.83 million barrels, the American Petroleum Institute reported but said that gasoline supplies rose, according to people familiar with the data. Consultant Rystad Energy AS said it expects a second virus wave and additional barrels from the …

Oil prices edge higher on expected US stimulus, weak dollar
4 years, 5 months ago

Oil prices edge higher on expected US stimulus, weak dollar

Deccan Chronicle  

MELBOURNE: Oil prices rose for a third straight day on Tuesday, buoyed by support for demand coming from efforts to stimulate the U.S. economy’s recovery from the coronavirus crisis and a weakening of the dollar that makes crude cheaper for global buyers. Further aiding the stimulus, the U.S. Federal Reserve’s policy-setting panel meets on Tuesday and Wednesday, where it is …

Oil edges up on tighter supply, but demand concerns check gains
4 years, 6 months ago

Oil edges up on tighter supply, but demand concerns check gains

Live Mint  

Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery in fuel demand checked gains. Both contracts rose about 9% last week and Brent crude futures flipped into backwardation, where oil for immediate delivery costs more than supply later, usually an indication of tightening …

Oil falls as surprise US stock build douses demand recovery hopes; Saudi Arabia, Russia agree on further output curbs
4 years, 7 months ago

Oil falls as surprise US stock build douses demand recovery hopes; Saudi Arabia, Russia agree on further output curbs

Firstpost  

The decline in oil benchmarks extended losses on Wednesday over uncertainty about Russia’s commitment to deep output cuts ahead of a 9 June meeting of OPEC and its allies. London: Oil prices fell on Thursday after US industry data showed a surprise steep build in crude oil inventories, dampening hopes of a smooth recovery in demand as some countries ease …

Oil drops to 18-year low as market faces lowest demand
4 years, 8 months ago

Oil drops to 18-year low as market faces lowest demand

Deccan Chronicle  

SINGAPORE: Oil languished at multi-year lows Thursday, with WTI crude close to its weakest level since 2002, as dire warnings about a virus-triggered demand shock overshadowed massive output cuts. US benchmark West Texas Intermediate rose nearly three percent to change hands at $20.44 per barrel after falling below $20 on Wednesday -- its lowest price in 18 years. Prices have …

US crude falls 24%, Brent down 13% as analysts warn more to come
4 years, 9 months ago

US crude falls 24%, Brent down 13% as analysts warn more to come

Al Jazeera  

US oil prices have lost more than half their value in the past 10 days as the coronavirus pandemic spreads worldwide. United States benchmark crude collapsed more than 24 percent and global benchmark Brent flirted with 2003 levels on Wednesday as analysts warned of a “gnarly” combo of crippled demand and growing supply while governments worldwide scrambled to save a …

Stocks slide on Apple’s virus warning, euro near three-year low
4 years, 10 months ago

Stocks slide on Apple’s virus warning, euro near three-year low

Al Jazeera  

China reported its lowest daily death toll in a week, but WHO says the data should be viewed with caution. China reported its fewest new coronavirus infections since January and its lowest daily death toll in a week, but the World Health Organization said data suggesting the epidemic had slowed should be viewed with caution. Gold climbed more than 1 …

Oil short-sellers’ gloom deepens with price stuck below $55
5 years, 2 months ago

Oil short-sellers’ gloom deepens with price stuck below $55

Live Mint  

Hedge funds are increasingly pessimistic on oil as U.S. stockpiles surge and crude refining plunges. Bets on a West Texas Intermediate crude rout rose 7.6% in the week ended Oct. 15 and have almost tripled since mid-September, data released Friday show. A report showing American crude storage rose for a fifth week while refiners cut processing rates to the lowest …

Global markets recover as focus turns towards Fed decision
5 years, 9 months ago

Global markets recover as focus turns towards Fed decision

Associated Press  

LONDON — Global stock markets recovered their poise Tuesday after a lackluster session in Asia as investors digested the latest bout of Brexit uncertainty and prepared for a key U.S. Federal Reserve meeting. “Depending on your point of view, either the U.K. is locked in some kind of limbo tied to the EU, which is the ‘Remainers’ preferred scenario, or …

Closing bell: Sensex down 106 points, Nifty ends at 10821, banking stocks weigh
6 years ago

Closing bell: Sensex down 106 points, Nifty ends at 10821, banking stocks weigh

Live Mint  

OTHERS :Mumbai: Indian shares snapped a four-day winning streak pulled down by oil and banking and financial services companies as investors were cautious as December-quarter earnings season. Among the sectoral indices on BSE, consumer durables, healthcare, utilities and capital goods rose most, while oil and gas, bankex, energy and finance led losses.Tata Motors, NTPC,Titan, Bajaj Auto, Eicher Motors, M&M and …

Discover Related