Financial Services: The Benefits of a Steep Yield Curve Are Largely Already Priced In
Our top picks in this sector include MarketAxess and PayPal.
JPMorgan Earnings: Fundamentals Remain Robust, but Implied Expectations Are a Bit Too Optimistic
JPMorgan’s fundamental performance remains rock solid, as it reported fourth-quarter earnings of $4.81 per share, equating to ...
Markets Breathe a Sigh of Relief on Softer Core Inflation
The Morningstar US Market Index climbed as much as 1.89%, with gains falling back to 1.57% by midday. Even bigger gains came ...
December Inflation Data Closes Door on January Rate Cut, but There’s Improvement Under the Hood
Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...
California wildfires could slow the economy and boost inflation - and that's not even the worst of it, economists say
Economists at Morgan Stanley (MS) also said that the wildfires are expected to slow job growth and to temporarily boost core inflation. The wildfires will subtract 20,000 to 40,000 jobs from ...
Oil prices end higher as traders weigh demand prospects, supply risks
Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...
Front Month ICE Brent Crude Rose 2.64% to Settle at $82.03, Highest Settlement Value Since August 2024 — Data Talk
Front Month ICE Brent Crude Rose 2.64% to Settle at $82.03, Highest Settlement Value Since August 2024 — Data Talk Front Month ICE Brent Crude for March delivery gained $2.11 per barrel, or 2.64% to ...
December US CPI Report Shows Inflation at a 2.9% Annual Rate
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...
10-Year Treasury Yield Falls to 4.653% — Data Talk
The 10-year yield declined 0.134 percentage point to 4.653% today. The price rose 1 1/32 to 96 27/32. --Yield is down 0.149 percentage point over the last two trading days ...
Quantum-computing stocks could be rich takeover targets. Here's what to know.
Quantum computing harnesses quantum mechanics to process information in ways that leave classical computers in the dust. Instead of using traditional bits, quantum computers use quantum bits, or ...
News Highlights: Top Global Markets News of the Day - Wednesday at 3 PM ET
Gas prices rose sharply, but investors homed in on a small decline in the core CPI. U.S. stocks recouped some of their recent losses, after new inflation data revived hopes of rate cuts, and solid ...
Comex Silver Settles 3.94% Higher at $31.319 — Data Talk
Front Month Comex Silver for January delivery gained $1.1870 per troy ounce, or 3.94% to $31.319 today --Largest one day dollar and percentage gain since Friday, Oct. 18, 2024 ...