|Day's range||7,937.12 - 8,048.58|
|52-week range||6,190.17 - 8,339.64|
Yahoo Finance Editor-in-Chief Andy Serwer sits down with founder and chairman of Related Companies, Stephen Ross.
Chris Konstantinos the chief investment strategist at RiverFront Investment Group said the U.S. economy is solid so don't expect negative interest rates.
Investors treated the Fed minutes as a non-event, choosing instead to shift their focus on Powell’s speech at Jackson Hole on Friday. The muted price action in all the final markets indicates some investor indecision and impending volatility. In other words, investors are keeping their powder dry.
A drop in Treasury yields drove bank shares lower, which weakened the financial sector-weighted S&P; 500 and Dow. Citigroup, Bank of America and J.P. Morgan Chase all declined as the benchmark 10-year yield fell about 5 basis points on Tuesday, or 0.05 percentage points, to 1.54%.
Just suppose that we look at the plunge in yields as a warning sign that the central banks had better wake up and do something to prevent a recession. Did you read about any central bank policymakers saying, “Oh well, the 2-year/10-year Treasury yield spread just inverted. We’re going to have a recession and there is nothing we can do about it?”
U.S. stocks rallied Monday morning in an at least temporary reprieve after a mid-August rout. U.S. government bond yields rose across the curve, led by yields on 30-year bonds and 10-year notes.
Recession is a scary word that sends Wall Street professionals and regular consumers alike into a terrifying flashback of the 2008 financial crisis. But a J.P. Morgan strategist says people shouldn’t be afraid of the next recession because it’s “normal.” “There is so much anxiety out there right now, and I think so much of that has to do with the fact that what happened in '08 was so historically bad that people are absolutely terrified of the next recession when they don't really have to be,” J.P. Morgan Asset Management Global Market Strategist Jack Manley told Yahoo Finance’s The Final Round.
Investors await commentary from Federal Reserve Chair Jerome Powell this week at the annual Jackson Hole conference on Friday.
Stocks retraced some of their recent declines on Friday, as investors’ sentiment improved following bouncing off the short-term support level, economic data releases. The S&P; 500 index continues to trade within a consolidation. Is this a bottoming pattern or just a flat correction before another leg down?
San Francisco is home to hot IPOs like Uber, Lyft, Slack and Pinterest. Big swings in the stock market get less attention than sizeable moves with any of the cities biggest publicly traded names.
The yield curve inversion had markets tumbling amid concerns of a coming recession, but what is a "yield curve" and how (and/or why) does it invert?
Liz Ann Sonders the chief investment strategist and a senior vice president at Charles Schwab & Co. is skeptical about a comprehensive trade deal.