Markets Mixed On Friday And For Week On Oil, Yields & Fed
Fed Hikes Rates As Expected, More Increases Still On Table
Fed Hikes Rates As Expected, More Increases Still On Table
It was a volatile week on Wall Street with pressure from multiple fronts. Oil prices, yields, and the Fed all contributed to the wild ride that finished with mixed results both Friday and for the week as a whole.
Fed Hikes Rates As Expected, More Increases Still On Table
Fed Hikes Rates As Expected, More Increases Still On Table
Fed Hikes Rates As Expected, More Increases Still On Table
For the first time since mid-2023, central bank policymakers raised interest rates. Wednesday's vote was as expected with inflation still stubbornly high, and there is a good chance another hike is coming.
Treasury Yields Continue To Rise, Blowing Past Forecasts
Fed Hikes Rates As Expected, More Increases Still On Table
Treasury Yields Continue To Rise, Blowing Past Forecasts
One of the biggest drivers in the markets for weeks now has been the ongoing rise in Treasury yields. This past week's jump only added to a run that's already raced past the outlook on where yields will go.
War Updates: Latest Reports On Conflict and Negotiations
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
Treasury Yields Continue To Rise, Blowing Past Forecasts
New developments in the war with Iran, both in the Middle East and back here at home, continue to come out rapidly. For the latest on the hostilities and efforts to reach a deal, updates can be found here.
Consumer Resiliency Rallies In August Retail Sales Report
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
After a severe spending pullback in July, consumers pulled out their wallets again in August. Retail sales jumped sharply as U.S. shoppers shrugged off higher prices at the pump and then kept on spending.
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
Still Ahead: China's Xi Comes To U.S., Oil Watch & Earnings
The new week will bring a heavy dose of international flavor. China's President Xi will visit Washington, while the war with Iran keeps pressure on oil prices. Also, to come, big-box retailer Costco's earnings.