Hints and tips:
Showing results for Jerome P. Kenney
...But their reaction on Wednesday to the Fed’s announcement was far from disappointment, with a sharp rise in equities feeding a rally that has added 27 per cent to the S&P 500 since October....
...Stocks have rallied strongly this year, with the blue-chip S&P 500 enjoying its best start to a year since 2019, having risen 10.2 per cent in the first quarter of 2024....
...Stocks and bonds were both higher on Thursday, with the S&P 500 up 1.2 per cent while yields on rate-sensitive two-year Treasuries hovered around three-week lows at 4.52 per cent....
...The S&P 500 gained 1.1 per cent on Friday to a record high as a surge in tech stocks helped the market shrug off the change in interest rate expectations....
...Stocks fell after Powell’s comments, with the S&P 500 ending the day down 1.6 per cent, its worst day in four months, and the Nasdaq Composite down 2.2 per cent, its worst day in three months....
...Stocks also rallied, with the S&P 500 ending the day up 0.6 per cent at 4,594.63, its highest close since March 2022....
...US stocks and government bonds extended their losses on Thursday after Powell’s comments, with the benchmark S&P 500 closing down 0.8 per cent....
...The S&P 500 rose at first, but by the end of the trading day had round-tripped. Powell’s message was unmistakable, if familiar....
...points to 5.07 per cent following Powell’s remarks, while the benchmark 10-year US Treasury yield added 0.01 percentage points to 4.25 per cent.Equities swung between small gains and losses, with the S&P...
...Economists polled by Reuters expect S&P Global’s composite eurozone PMI, a gauge of business activity, to have declined slightly from 48.6 last month to 48.5 — keeping it below the 50 threshold that separates...
...A common target of Trump’s missives was a then-fresh-faced Federal Reserve chair called Jerome Powell. Trump wanted Powell to cut rates, and wasn’t shy about saying it....
...From the autumn of 1989 (as far back as Bloomberg’s data on the S&P bank index goes) to the 2000 market peak, banks’ total return was 14 per cent annualised, to the market’s 18 per cent....
.... and inflation by 11 p.p., all else being equal....
...The blue-chip S&P 500 advanced 0.1 per cent while the tech-heavy Nasdaq Composite gained 0.4 per cent....
...The benchmark S&P 500 rose 1.3 per cent and the tech-heavy Nasdaq Composite gained 1.9 per cent....
...Remember that the S&P 500 is 15 per cent off its lows of October, while junk bond spreads have tightened by a full percentage point....
...The S&P 500 rose 6 per cent in January while bond yields fell, making it easier for companies to raise cash....
...The S&P 500 fell 2 per cent between the release of the statement and the opening minutes of Jay Powell’s news conference half an hour later....
...The Fed chair’s remarks prompted a stock market sell-off, with the S&P 500 closing 1.5 per cent lower in New York while the Nasdaq fell 1.25 per cent....
...The blue-chip S&P 500 ended 1.1 per cent lower as traders’ concerns lingered that rates may rise more than they expected since last week’s blockbuster US jobs report....
...That helped fuel a rally in US government bonds and stocks, with the S&P 500 closing at its highest level since last summer....
...Others will look at the chart of cyclically adjusted P/E ratio (that is, the S&P 500 price divided into 10-year average earnings) and point out that it is bang at its average since 1995 (28)....
...The S&P 500 and Nasdaq were up 0.8 per cent and 1.1 per cent, respectively, in afternoon trading....
...Investors focused on Powell’s endorsement of a slower pace of rate rises, prompting a 3.1 per cent rally in the S&P 500, which registered its first stretch of back-to-back monthly gains since last summer...
...I mean, the S&P was up a little bit yesterday. Jennifer Hughes I think we’re seeing a bit of a divergence this week and what the stock market, the Treasury market, are focusing on....
International Edition