European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after US Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.5% by 9:20 a.m. in London, after rallying by the most in five weeks on Wednesday […]
interest rates
European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.8% by 2:24 p.m. in London, after rallying by the most in five weeks on Wednesday as […]
European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.9% by 11:47 a.m. in London, after rallying by the most in five weeks on Wednesday as […]
Even some of the most out-of-favor US stocks are being swept up in the latest rally, with the surprisingly cool inflation report rekindling speculation that rate cuts are coming this year. Real estate stocks — dragged down as the higher-for-longer monetary policy storyline took hold — are still the S&P […]
European stocks rose to a session high after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index jumped 1.0% at 1:46 p.m. in London. Rate-sensitive real […]
June 7 – Benchmark 10-year U.S. Treasury yields posted their biggest daily jump in two months on Friday after data showed that U.S. job growth accelerated far more than expected in May, leading traders to pare back expectations that the Federal Reserve could begin cutting interest rates as soon as […]
(Bloomberg) — Asian stocks rose in early trading, following Wall Street’s gains on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped. Japan’s benchmark Nikkei 225 climbed as much as 1.6% as the market reopened on Tuesday after a holiday. Australian shares rose 0.7%. The […]