Please enable cookies. Access denied What happened? The owner of this website (www.ccn.com) has banned your IP address (35.238.245.15). Cloudflare Ray ID: 5c217218291003ac • Your IP: 35.238.245.15 • Performance & security by Cloudflare
The 2-year Treasury bond yield hit a record low Friday. But stock market benchmarks climbed higher at the same time. Here’s what may have happened in the bond market this week. The 2-year Treasury bond yield hit a record low of 0.105% Friday. Capital fled for safety in bonds after the Bureau of Labor Statistics…
The Dow Jones surged on Wednesday despite a miserable first-quarter GDP reading. Fed Chair Jerome Powell made the stunning admission that central bank actions were supporting financial markets. Coronavirus treatment optimism boosted sentiment as Gilead Sciences and Dr. Anthony Fauci voiced optimism about the remdesivir drug. The stock market shrugged off a miserable first-quarter GDP…
The Dow Jones marched toward impressive gains on Tuesday. Apple stock powered the index after its Chinese iPhone shipments surprised investors. Despite the stock market rally, analysts remain concerned about a dead-cat bounce. The Dow Jones rallied on Tuesday, thanks in large part to Apple’s tremendous 5% rally that followed the release of impressive Chinese…
The Dow Jones rallied again on Thursday. The index is on course for its best week in almost 90 years. Fiscal stimulus and comments from Fed Chair Jerome Powell helped boost risk appetite in the stock market. Unfortunately, a historically brutal unemployment situation may only get worse. The Dow Jones kept its stunning rally going…
The Dow Jones soared around 900 points on Wednesday. Sturdy economic data and Fed easing expectations have steadied a nervous stock market. The comeback of Joe Biden isn’t hurting sentiment either. But Ray Dalio has broken his silence on the coronavirus, and he warns of a terrible impact on financial markets. The Dow Jones rallied…
The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and economists expect it to get even…
