Economy gets holiday boost, ISM finds, but businesses worry about tariffs and inflation
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential ...
Stock Market Today: Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
Ten-year Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its ...
Stock market today: Indexes close lower as new data clouds rate cut views
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
Why the bond market is throwing a tantrum that could tank stocks
Markets see just one rate cut coming in 2025 amid strong economic data and the potential for Trump's economic plans to stoke ...
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December Services-Sector Expansion Accelerates Above Consensus, ISM Survey Shows
The US services sector expanded faster than expected last month as business activity picked up, according to Institute for Supply Management data released Tuesday. The ISM's purchasing managers' index ...
US service sector growth picks up; input prices gauge highest in nearly two years
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
Morning Bid: A JOLT of reality for markets
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Traders See Less Help From the Federal Reserve After Strong Economic Data
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given ...
US manufacturing PMI rises to nine-month high, but challenges loom
U.S. manufacturing moved closer to recovery in December, with production rebounding and new orders rising further, but the ...
Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
U.S. stocks finished lower on Tuesday as Treasury yields spiked after a pair of strong economic reports dampened hopes for aggressive Federal Reserve interest-rate cuts this year. The Nasdaq Composite ...