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 highest since November 2023, as investors continued to show concern that President-elect Trump’s import tariff and immigration plans may revive inflationary pressures.
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
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 ...
Investors are so worried about inflation returning that the ISM services index’s price reading is sending shock waves through ...
Material handling data from the industry group MHI weakened in December compared to November. However, the outlook over the ...
U.S. bond yields were little changed early Wednesday, with benchmark yields hovering close to their highest since April last year as inflation concerns linger.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The dollar was rising after strong U.S. economic data Tuesday firmed expectations that the Federal Reserve will take a cautious approach to cutting interest rates. U.S. job openings increased to a six ...
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential ...
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