Stocks Rise to Start the Week; Bond Yields Rally
The S&P 500 and Nasdaq edged higher, with the Dow industrials holding on to smaller gains.
Rate-Cut Delays Could Mean Dollar Stays Stronger For Longer
Many analysts and fund managers have been anticipating that the dollar would fall this year as the Fed starts to cut interest rates, but rate-cut expectations have been trimmed back sharply recently while U.S. elections and geopolitical uncertainty could also lift the currency.
U.S. Set for Job Gains Ahead, Conference Board Says
The Conference Board's employment trends index ticked up to 112.84 in March from a downwardly revised 111.85 in February.
Jamie Dimon Warns U.S. Might Face Interest-Rate Spike
The head of JPMorgan Chase questioned the "soft landing" talk but said his bank is ready no matter what.
Doubts Creep In About a Fed Rate Cut This Year
Traders started the year predicting as many as seven rate cuts. Now, many are betting on one or two-or none.
U.S. Private Equity Sees Hope for Exits
Sales or stock offerings of portfolio companies remain muted, but the first quarter has brought some hints of improvement.
Philippines Central Bank Stands Pat as Inflation Worries Bubble Back Up
The Philippines central bank kept its policy rate unchanged as widely expected, extending its pause as a recent pickup in inflation resurfaces concerns about price pressures.
German Industrial Output Beats Expectations
Germany's industrial production rose 2.1% in February, helped by a recovery in the construction and car industries.
China Holiday Activity Adds to Recovery Signs
China's weak consumer activity got a temporary boost from the Qingming holiday ended Saturday, during which more travelers hit the road, adding to signs of green shoots in the world's second-largest economy.
Stock-market rally faces key test: Will hot inflation data kill rate-cut hopes?
Can the stock market rally continue if rate cuts no longer appear imminent? Investors may soon find out.
(END) Dow Jones Newswires
04-08-24 1115ET
