Tag: points
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Stocks drop, bond yields rise; Fed keeps rates steady but projects hike for later this year
NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.Kevin Warsh,
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Trust in news hits new low globally, research suggests
The Reuters Institute records its lowest trust figures since the annual research began in 2015.
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Equities fall while oil slips amid uncertain Middle East outlook
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge managed a small gain on Tuesday with little support from Wall Street where heavyweight technology stocks stumbled while investors opted for safer bets, and oil prices settled lower as updates from the Middle East brought little clarity on progress toward peace.
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Equities lose steam while oil slips amid uncertain Middle East outlook
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge lost ground on Tuesday as heavyweight U.S. technology stocks stumbled and investors opted for safer bets, while oil prices fell as updates from the Middle East brought little clarity on progress towards peace.On Monday, Iran and Israel had boosted hopes t
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Equities lose some steam while dollar falls and oil slips
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge pared earlier gains on Tuesday as it saw little support from Wall Street where investors waited anxiously for inflation data while the dollar dipped with oil prices on hopes for easing Middle East tensions after Iran and Israel halted attacks on each other.
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Daily Stock Market Live
All the essential stock market news in one place. Get the end-of-day recap on index moves, earnings reports, sector performance, and the biggest stories driving markets at the close.
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Jeff Cox
Veteran journalist Jeff Cox is the economics editor for CNBC.com where he covers the latest data, the Federal Reserve and how the developments impact financial markets.
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