Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.
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Tag: interest-rate cuts
S&P 500, Nasdaq choppy as higher bond yields weigh
U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.
Read More S&P 500, Nasdaq choppy as higher bond yields weigh
Fed to start rate cuts in June; risk fewer delivered this year
The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.
Read More Fed to start rate cuts in June; risk fewer delivered this year
Wall St kicks off 2024 on a dull note as yields rise, Apple dips
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
Read More Wall St kicks off 2024 on a dull note as yields rise, Apple dips