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The index last closed below its 50-day moving average on April 10, which marked the end of a correction phase that included a 5,000-point drop at its low point.
Ariana Salvatore, Morgan Stanley equity analyst, joins 'Closing Bell Overtime' to talk the growing resistance to data center construction and how that impacts the buildout.
International Petroleum is benefiting from higher commodity prices and rising production. Blackrod production is ramping up ahead of schedule. IPCFF's financial outlook has improved thanks to stronger-than-expected cash flow.
U.S. Treasury Secretary Scott Bessent joins ‘Kudlow' to discuss the state of the U.S economy under President Donald Trump, the AI revolution and the ‘massive' stock market rally. #foxbusiness #kudlow 0:00 | Larry Kudlow Introduces Treasury Secretary Scott Bessent 1:44 | Bessent Says U.S. Economy Is Entering a Boom 4:11 | U.S. Pulls Ahead as the World's AI Superpower 7:26 | Tax Cuts Fuel Manufacturing, Construction and Energy Boom 12:52 | Free Enterprise, Deregulation and Supply-Chain Security
Warsh's Jackson Hole speech raised September hike odds, but the bond market remains unconvinced, signaling skepticism about the Fed's credibility. Long-term yields continue rising, with the 10-year at 4.8% and the 30-year near 5.28%, indicating markets expect inflation to remain above target.
Stocks fell Tuesday while rising oil prices pushed bond yields higher, a bumpy start to the month as investors fear renewed fighting in Iran could inflate prices and convince the Fed to hike interest rates.
U.S. stocks fell for the third straight session as military strikes around the Strait of Hormuz caused a spike in oil futures and bond yields.
US stocks fell on Tuesday as investors began September amid rising oil prices, higher global bond yields and renewed concerns over inflation. The Dow Jones Industrial Average declined 0.79%, while the S&P 500 and Nasdaq Composite also closed lower as markets assessed the potential impact of renewed US-Iran hostilities on energy prices and Federal Reserve policy.
Espey Mfg. & Electronics faces mixed signals ahead of Q4/FY26 earnings, with strong margin improvement but weak order growth. Analysts anticipate robust revenue and EPS growth, yet soft backlog and order intake raise concerns about sustainability. I am monitoring whether margin gains and magnetic program momentum are durable or one-off and watching backlog progression closely.
Are all the investments being made into AI going to pay off? That's the question Nigam Arora takes to Wall Street as he analyzes what growing debt tied to the AI trade means to a Fed he sees hiking interest rates.
Motiva, Exxon Mobil and TotalEnergies are maintaining planned production at their East Texas refineries as Tropical Storm Edouard nears landfall later on Tuesday close to those three U.S. Gulf Coast plants, said people familiar with operations at the refineries.
Implied volatilities declined across asset classes last week on the back of strong tech earnings and Chair Warsh's comments at Jackson Hole. Implied volatility has fallen to near 1-year lows across US (SPX® and RTY® Index), European (SX5E, DAX), and Emerging Market indices, with RTY screening as the cheapest (1M implied vol in the 3rd percentile low).
Inflation is the traditional enemy of bonds, because it makes future returns worth less. But there's another factor in play now.
The Investment Committee explain how they are setting up their portfolios as we head into September.
CNBC's Kelly Evans and Rick Santelli debate Treasury Secretary Bessent's last move as global bond yields rise.
