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Wall Street rises, Dow hits record high as Middle East hopes lift sentiment
Wall Street stocks rose with the Dow reaching a record high amid progress in Middle East talks and strong corporate earnings boosting investor sentiment.
Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives
Kevin Warsh was sworn in as Fed chair facing high inflation and debate over interest rate policy amid economic shocks and AI-driven changes.
Wall Street indexes end slightly higher as investors focus on Mideast peace hopes
Wall Street indexes closed slightly higher amid hopes for U.S.-Iran peace talks and mixed earnings reports from Walmart and Nvidia, impacting market sentiment.
US weekly jobless claims fall amid labor market resilience
Initial claims for unemployment benefits in the U.S. fell to 209,000, signaling labor market resilience despite inflation concerns and geopolitical tensions.
Wall Street rises as chip stocks rally ahead of Nvidia results
Wall Street's main indexes rose over 1% led by technology and chip stocks ahead of Nvidia's quarterly report, signaling strong AI sector optimism.
US mortgage rates rise to 6.56%, MBA says
The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.
Stocks fall as US bond yields climb, oil eases after latest Iran war headlines
U.S. stocks declined as bond yields rose to 19-year highs and oil prices eased amid ongoing U.S. talks with Iran to end the conflict, impacting market sentiment.
Wall Street ends lower on mounting inflation worries
Wall Street stocks declined as inflation fears rose with spiking crude prices and rising Treasury yields, marking Jerome Powell's final day as Fed chair.
US debt load could undercut Warsh’s plan to shrink Fed balance sheet
Federal Reserve chief Kevin Warsh's plan to reduce the Fed's balance sheet faces challenges from rising U.S. debt and higher long-term interest rates.
Markets begin eyeing a Fed rate hike around the turn of the year
Markets are pricing in a Federal Reserve interest rate hike by early 2027 due to persistent inflation, with a 60% chance by January's FOMC meeting.
Wall Street ends higher on tech rally; investors eye Beijing talks
Wall Street advanced on a tech rally as investors watched Trump and Xi Jinping's high-stakes Beijing summit and solid U.S. economic data.
US import prices surge in April as fuels post biggest gain in four years
U.S. import prices rose 1.9% in April, driven by a 16.3% jump in fuel costs, the largest increase in four years amid Middle East tensions.
