US EditionThe US stock market holds steadier, for now, following its wildest day since April
- On Friday, the U.S. stock market held steadier after John Williams, president of the Federal Reserve Bank of New York, signalled `room for a further adjustment` in interest rates.
- Following Williams' comments, traders raised odds that the December rate cut probability surged to 75% from 39%, pushing the 10-year Treasury yield down to 4.07% from 4.10%.
- Nvidia swung intraday, erasing a 1.4% overnight loss and dropping 1.1%, while Gap jumped 6.2% and Ross Stores rose 4.9% after stronger quarterly profits.
- The 30-year government bond yield touched 3.37% on Friday as Treasury yields fell while cryptocurrency prices kept sinking, reflecting ongoing market volatility.
- Still, lower rates could worsen inflation above the Fed's 2% target, raising doubts about another cut at the final Fed meeting next month despite market expectations for rate cuts.
26 Articles
26 Articles
A fragile US stock market flips between gains and losses following its wildest day since April
NEW YORK (AP) — A fragile U.S. stock market is flipping between gains and losses again on Friday, but the moves aren't as extreme as they've been in recent weeks, at least not yet.
A fragile US stock market flips between gains and losses following its wildest day since April
A fragile U.S. stock market is flipping between gains and losses again, but the moves aren’t as extreme as they’ve been in recent weeks. The S&P 500 rose 0.1% Friday after bobbing up and down in the morning. The Dow…
A fragile US stock market flips between gains and losses following its wildest day since April
By STAN CHOE, AP Business Writer NEW YORK (AP) — A fragile U.S. stock market is flipping between gains and losses again on Friday, but the moves aren’t as extreme as they’ve been in recent weeks, at least not yet. Related Articles Is giftflation blowing up your holiday budget? Here’s how to fight it Google and US government battle over the future of internet advertising Bubble fears ease but invest…
A fragile US stock market flips between gains and losses following its wildest day since April
By STAN CHOE, AP Business Writer NEW YORK (AP) — A fragile U.S. stock market is flipping between gains and losses again on Friday, but the moves aren’t as extreme as they’ve been in recent weeks, at least not yet. Related Articles Is giftflation blowing up your holiday budget? Here’s how to fight it Google and US government battle over the future of internet advertising LionCage Pitch competition a…
Sun-Sentinel
The US stock market holds steadier, for now, following its wildest day since April
By STAN CHOE, Associated Press Business Writer NEW YORK (AP) — The U.S. stock market seems to be holding steadier on Friday, for now at least, following weeks of scary swings driven in part by worries that prices for AI stocks, cryptocurrencies and other Wall Street stars shot too high. Related Articles Google and US government battle over the future of internet advertising Review: Disney Destiny brings storytellin…
The stock market's 'fear gauge' spiked to its highest level since Trump's 'Liberation Day' tariffs caused a global selloff
The markets are volatile—and Wall Street’s most reliable barometer of panic has surged to levels not seen since April, when President Donald Trump’s sweeping “Liberation Day” tariffs triggered a global market meltdown. The Cboe Volatility Index, known as the VIX, peaked at 27.8 on Thursday and closed the day around 26.3—its highest point since the tariff crisis sent it soaring above 50 earlier this year. The previous high, besides April’s tariff…
Coverage Details
Bias Distribution
- 76% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
